ABA General Meeting has been Completed 

Kathmandu : Propose of program the economic development through the hydro power, Infrastructure development in Nepal organizing the ABA conference by the Bankers Association. Main propose of ”Asian Banking Roadmap for recovery and sustained growth” for the country.

On the program expected to make the strong economy viable condition can grow in upper single digits and sooner or later we can bring 10th trillion dollar to investment in Nepal.

He gave this information while speaking at the two-day conference of Asian bankers organized by Nepal Bankers Association.

“For 10 years, our economy has grown at an average rate of 4 percent growth, but after the 2015 earthquake, it has continuously grown at 8 percent per year,” said the official, “Therefore, Nepal’s economy can grow at the upper single digits and sooner or later we can become the 10th trillion dollar economy.”

Central Bank Governor Adhikari said that if the country’s economy is currently driven by remittances, then other sectors should be gradually made the base of the economy. Governor urged the foreign bankers present at the program to invest in Nepal as there is potential fields like hydro, Infrastructure and transportation.

“The government is also said creating an investment friendly environment we have set a target of 15,000 megawatts of electricity production in a few years,” the official added. Even now in Kathmandu, people have to wait for hours due to the lack of easy transportation. There is also potential here so and invest here, let us move towards prosperity you will also get a good return from the investment.’ On occasion world Bank Babacar S Faye Country representative from IFC in Nepal want to funding climate finance of Nepal development bank.

Innovative solution access to the capital market. want to Large scale investment of  infrastructure development of Nepal. He added to invest in green market about 50 trillion dollar in 20-30, long terms finance. major Investment in technology,  tourism, sector to build the milestone history.

He said, Central bank rally go out the bond of have billion dollar. We have link to top 5 Green biodiversity hydro power, renewable energy. Tourism for good time. Asian country we have different different investment. as Asia Pacific in south Asia. As i think Nepal as a well as good position in financial sector has to reforms continuing and growth we face size of managing the IFC and world Bank are very much positive.  Central Bank Governor Mahaprasad adhikari said  the conference rally fruitful and appreciable.

Organizing the meeting like policy level. Last 10 year focusing Nepal cannot grow deficit after. 2012 COVID-19. Consequences downing high single growth of Nepal’s economics as tourism sector should be balance. So and make of colleaque business pertner In Nepal. Potential investment central banks trying to climate friendly clean energy, 15 thousand of megawatts electricity.

45 million dollar. Clean energy potential we have looking in Nepal Potential as sector transportation sector 250 km, running our transportation. Larry, container. Narayangargh to kathmandu. Number of the opportunity to handle. Which expectation from Nepal government can invest your investment very soon to grab the opportunity in Nepal. Chairman of Asian development bank (ADB) masatsugu asakawa added bank, said.

The press conference we are interesting to investment in Nepal in hydro power and infrastructure development. He said, large of the opportunity to in come generate Nepalese GDP. Good probability, possibility for the development Said. On the occasion Invited speaker Ms haidi Tavakoli, deputy head of mission British Embassy of Kathmandu.

On occasion of the conference she said we are ready to investment in green finance sector in Nepal. Nepalese government and Nepalese people’s prosperity. Chairman of Security board of Nepal (SEBON) Ramesh kumar hamal he said we are inviting to investment in Nepal. And will provide the environment to invest.

Chair person of Sunil KC Association of Banker association of Nepal ready to collaboration to investment and to make the environment among together Nepal. On the occasion of conference Ms amal lee Amin managing director and Head of climate diversity and advisory British International Investment.

Special Guest Masatsugu Asakawa President of the Asian Development Bank (ADB) said conference making a good dimensional opportunity to investment in Nepal. He said such of roadmap of program first time organized by Asian Bank, I hope that it may give us good opportunity.