Nepal Investment Summit: What are the deals signed and which projects have applied in?

Sun, Apr 7, 2019 3:25 PM on Stock Market, Economy, Featured,

The recently organized Nepal Investment Summit 2019 welcomed a number of projects in the country. Some of the major deals signed during the event are:

  1. The signing of a JVA between Chaudhary Group and Sharaf Group for the development of Multi-model Logistics Park
  2. The signing of a JVA between Chaudhary Group and Skypower for the development of 600MW utility-scale solar PV projects in Nepal
  3. The signing of a JVA between CG LifeCell and Turkcell for 5G Mobile Network Service
  4. The signing of MoU between the Chief Minister’s Office of Province 2 and CG Infrastructure Pvt. Ltd for the development of Solar Photovoltaic Energy
  5. The signing of Commitment Letter for Financing of 900 MW Arun-3 Hydro Power Project
  6. The Signing of a Joint Development Agreement between Yunnan Xinhua Water Conservancy and Hydropower Investment Co. Ltd, Hydro Solutions Group and Shanghai Investigation, Design and Research Institute Co. Ltd. for the development of 164 MW Kaligandaki Gorge Hydropower Project
  7. The signing of an Agreement between Investment Board Nepal (IBN), International Finance Corporation (IFC) and Special Economic Zone (SEZ) Authority for the development of Simara SEZ on PPP
  8. The Signing of an agreement between Sincere Consulting Company Ltd and Resources Himalaya Boutique Village Resort Pvt. Ltd. for the development of Himalaya Boutique Village Resort (Banepa) Cozy Resort, South Asian Herbal Detoxication SPA, Time Sharing Villas, Open Zoo, Adventurous Sports in Nepal
  9. The signing of an MoU for Setting up of Rs. 10 billion Fund by NRNA
  10. The signing of a JVA between National Collateral Management Services Ltd and Nepal Warehouse Company Limited for the development of a Grain Ware House
  11. The signing of MoU between the Federation of Contractors’ Associations of Nepal (FCAN) and Myanmar Licensed Contractors’ Association (MLCA) for infrastructure development Cooperation
  12. The announcement of a Financial Closure of 650 Million USD for the development of 216 MW Upper Trishuli – 1 Hydropower Project by Korean Investor (KOSEP)
  13. The announcement of NPR 39.90 Crore Investment by Muthoot Finance, India in United Finance Limited in Nepal
  14. The signing of MoU for Mutual Cooperation between Investment Board Nepal and Investment Board, South Africa
  15. The signing of MoU between API Power Company Limited Nepal and Kandel Group of Companies, UK for the development of Energy Projects in Nepal

Similarly, as of 5 PM, 30th March, 2019, the application received for projects are as follows:

Project

Applications

Nijgadh International Airport

3

Kathmandu Metro

1

Tamor Hydropower

2

West Seti Hydropower

1

Kathmandu BRT

1

Kathmandu Outer Ringroad

2

Integrated Agriculture – Urlabari

1

Integrated Agriculture – Banepa and Chitwan

1

Integrated Agriculture – Hemja

1

Dhulikhel Medicity

1

International Convention Center

1

Logistics Bulk Terminal (Unsolicited)

1

550 MW Solar Plant (Unsolicited)

1

 Source: Website of Nepal Investment Summit