1

Investment Climate and Opportunities
in Nepal
ネパールの投資環境と機会Tokyo, Japan

November 20, 2018

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Presented by,Maha Prasad AdhikariCEO, IBN

About Nepal ネパールについてCountry Overview
国の概要

2
Indicator

Nepal

Japan

Population

28.9 Million

127.19Area147,181 sq.km

377,973

GDP

USD 26 Billion$ 4872
BillionGDP
Growth6.4%

1.7%

Inflation

5.3%

0.47%

Per Capita
GDP$1,004$ 38,937

Debt to
GDP

27%

253%

Remittances USD 5.403 billion
Forex Res

$ 9 Billion$ 1193 B

Source : NRB Macroeconomic update & CBS National
Accounts 2017/2018

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Agreements/ Market access 協定/市場アクセス
Members of Regional Agreements
地域協定のメンバー国

BIPPA
 India
 Germany France Mauritius
 United Kingdom
 Finland
GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

3

Members of Multilateral Agreements
多国間協定のメンバー国

Market Access 市場アクセス

DTAA

 Duty free and open border access to India (except
 Chinasome products)
 India Duty free access to China for around 8,000 products
 Qatar Duty free, quota free market access to European Union  Mauritius
under Everything But Arms (EBA) arrangements
 Austria
 Duty free US market access to (77 products) 66 typesof garment items for 10 years (starting from 2016)(GST facility market)

 Norway Thailand
 Sri Lanka
 Pakistan
 South Korea

Foreign Direct Investment in Nepal ネパールにおける外国直接投資
TOP 10 INVESTORS IN TERMS OF AMOUNT OF INVESTMENT
金額別上位10の外国投資国
FDI amount in USD Mil
1000
900
800

879.1

1000

600

800

500
300

1323

1200

700

400

TOP 10 INVESTORS IN TERMS OF NUMBER OF INDUSTRIES
投資家の数で上位10の外国投資国
Number of Industries
1400

814.8

4

732

600
278.2

200
100
0

400
116.2

88.1

80.6

200
54.3

29

18.2

11.7

398

334

254

174

111

100

78

70

0

FDI source countries Up to F.Y. 2017/2018
2017/2018 までの外国投資国
 FDI inflow from Japan has mostly been directed towards the manufacturing and service sector (information technology& hospitality). 日本からの直接投資は、ほとんどが製造業とサービス業（情報技術とホスピタリティ）に向けられている。
GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

2018

5

World Investment Report

USD (Millions)

210
190

FDI Inflows in Nepal

170

ネパールへの外国直接投資流入

198

150
130
110

106

92
90
70

71
52

50
30
10
2012

30
2013

2014

2015

Year
GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

2016

2017

Political Transition to Economic Transformation 政治形態と経済• Ended prolonged political transition - Newconstitution promulgated in 2015- Nepal
became Federal Democratic Republic• Clearpolitical
commitment,
Political
consensus
towards
economictransformation & FDI.
• Completion of all levels of electionGovernment with Majority in all levels Political stability.
• Vision: “ Prosperous Nepal, Happy Nepali”
GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

6

Improvements in Business Climate ビジネス環境の改善

Stable Government
Central, provincial and local level
elections Completed
Focus on economic transformation

Decentralization with federalismInclusive growth
Formation of provincial governments
might minimize the bureaucratic
process

Target : Double Digit growth in 5 years
Middle income country by 2030

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Legal and Policy reforms
FITTA , IBN act, IP Act, PPP
related act amendment/
enactment in process

On average,49% of GDP worth
investment required each year
to attain SDGs by 2030
Approx. NPR1770 Billion/year

7

Improved labor
relations
New Labor act
in placeTax Incentives 税制優遇措置

8

Corporate Tax Rates in Nepal ネパールの法人税率
Nature of Entity

Tax rate

Normal rate for entities

25%

Manufacturing industries (which excludes tobacco,
alcoholic beverages, etc.) are entitled to 20%
discount on the applicable tax rate (currently 20%)
making the effective tax rate 16% under Industrial
Enterprise Act 2016

20%

Enterprises operating roads, bridges, railways
hydropower stations, transmission lines on BOOT
basis etc

20%

Banks and financial institutions

Nepal has one of the lowest Corporate
Income Tax (CIT) rate amongst its
neighboring countries
Country

CIT rate (%)

Bangladesh

27.5

China

25

India

25

30%

Nepal

25

General insurance 30%, life insurance 25%25-30%

Pakistan

34

Enterprises involved in petroleum businesses

30%

Saving and credit cooperatives located in urban
areas

20%

Sri Lanka

28

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Investment Protection, Facilitation & Reform 投資保護、促進＆改

9良Easy entry & exit Tax incentives andholidays Dedicated agency for FDI
 PDA/PIA bankable deals
 Fair treatment
 Facilitation for
Government clearance &Approval Easy Repatriations
 SEZA special facility
 Bilateral agreements,
DTAA & BIT etc.
Companies act, Industrial
enterprises act, SEZA act,
FITTA, IBN act, PPP law…

PDA / PIA

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD 簡単な登録と退会
 税制優遇措置と免除
 FDI外国投資専用機関
 PDA/PIA 収益性の高い取引
 公正な手続き
 政府の許可と承認の促進
 簡単な本国送金
 経済特区施設
 二国間協定、DTAA＆BITなど

Glimpse of Some Protection Measure & Facilitations いくつかの保護対策と促進活動について

10Land acquisition allowed in the company name that is incorporated in Nepal. Government land canbe leased.
ネパールに設立された会社名での土地取得が認められている。 政府の土地を借りることができます。

Tourist, non-Tourist and business visa for foreign workers on recommendation of investment
approving agencies such as DOI, IBN.

IBN などの投資承認機関の推薦を受けた外国人労働者のためのツーリスト、非ツーリストおよびビジネ
スビザ。

Residential visa granted directly to investors who invest more than USD 100,000 in convertible
currency.
居住ビザは、外貨で10万ドル以上を投資する投資家に直接発行されます。

100% foreign ownership in most of the sectors (with some exceptions).
ほとんどの部門で100％の外国人所有権（一部例外あり）

100% repatriation of company profits allowed.
企業利益の100％本国送金が認められている

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

11

Nepal - Japan Relation
ネパール - 日本関係

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Overview of Nepal and Japan Relation ネパールと日本の関係の概要
Nepal Japan Relationship12

Diplomatic relations began 62 years ago in 1956.
Residential Embassies in both countries.
Agreement on Technical Cooperation signed in 2003.

Bilateral Agreements
Air Service Agreement signed in 1988. Contributed for air safety

Economic Cooperation

Japan has been assisting Nepal in the form of bilateral grant, bilateral loan,
multilateral aid and technical assistance.
Japanese Government made over USD 260 million grant for reconstruction works(earthquake).
With the financial and technical assistance of JICA, En-route Monopulse Secondary
Surveillance Radar (E-MSSR) and Terminal Monopulse Secondary Surveillance Radar(T-MSSR) is installed for air safety.
Source : Ministry of Culture, Tourism & Civil Aviation, Department of Industry, Department of Customs and Embassy of Japan in Nepal

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Overview of Nepal and Japan Relation

13

Total FDI from Japan (up to 2017/18): approx. USD 30 Million
日本からの直接投資（2017/18まで）：約 30百万米ドル

FDI from Japan (2017/18): approx. USD 4.332 Million
日本からの直接投資（2017/18）: 4.332百万米ドル

Economy andTraderelationship
経済と貿易関係

Total employment generated (2017/18): 9,826
日本企業による総雇用（2017/18）： 9,826

The Japanese delegates on 2017 Investment summit shown interest of around $1 Billion investment
2017年開催の投資サミットでの日本人投資家のコミット額は、約10億ドル

Total trade Deficit :( 2017/18): USD 67.12 Million
Major exports USD 10.37 million (2017/18) : pashmina products, ready-made garments, woolen
goods, carpets, handicrafts, Nepali paper and paper products, leather goods, and silverware andornaments.
Major imports USD 77.5 million (2017/18) : vehicles and spare parts, electronic goods, machineryand equipment, iron and steel products, photographic goods, medical equipment and fabric.
Tourist visiting Nepal 2017 : approx. 28000 Japanese visited Nepal.
Exchange rate : 1 JPY= 1.02 NPR
Source : Ministry of Culture, Tourism & Civil Aviation, Department of Industry, Department of Customs and Embassy of Japan in Nepal

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Some example of Japanese Investment in Nepal ネパールにおける日本の投資の例

14

Energy, Health, Tourism, Manufacturing & Infrastructure
エネルギー、健康、観光、製造、インフラ

Company in Nepal:
TOWA Engineering Nepal Pvt. ltd
Kaligandaki 'A' Hydroelectric Project(SHYANGJA) (1996)

Establishment of TU Teaching Hospital(1981 and 1982)

Company in Nepal:
Hotel Himalayan (4star hotel)
Udayapur Cement Plant Project(UDAYAPUR)(1987)

Tanahu Hydropower Project (2012)
GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

National Tuberculosis Center (1987)

Some example of Japanese Investment in Nepal ネパールにおける日本の投資の例
Energy, Health, Tourism, Manufacturing & Infrastructure

Company in Nepal:
TOWA Engineering Nepal Pvt. ltd
Koteshwor : Bhaktapur Highway

Nagdhunga Tunnel

Company in Nepal: Miracle Interface
Pvt. ltd

Sindhuli Road (2015) BP Highway.

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Project for the Construction of Public Facilities

15

16

Investment Approving Agencies
外国投資承認機関

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Investment Approving Agencies

外国投資承認機関

INVESTMENT SIZE (FIXED CAPITAL)APPLICATION AT

APPROVAL AGENCY

投資規模（固定資本の額）

投資規模（固定資本の額）

投資規模（固定資本の額）> & Equal to NPR 10 BN (APPROX USD
100 M)INVESTMENT BOARD NEPAL (IBN) INVESTMENT BOARD NEPAL (IBN)
ネパール投資庁

ネパール投資庁

１００億ルピー（１億ＵＳドル相当）以上< & NPR 10 BN > Equal to NPR 2BN(APPROX USD 20 M)

DEPARTMENT OF INDUSTRY (DOI) INDUSTRIAL AND INVESTMENT
産業省産業局
PROMOTION BOARD (IIPB)
投資促進庁

２０億ルピー（２千万ＵＳドル相当）以上、１００億ルピー（１億ＵＳドル相当）未満< 2 BN (APPROX 2 BN)

DEPARTMENT OF INDUSTRY (DOI) DIRECTOR GENERAL OF DOI

２０億ルピー（２千万ＵＳドル相当）未満

産業省産業局

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

産業局局長

17

Investment Approval Process 投資承認プロセス

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

18

19

About

Investment Board Nepal

ネパール投資庁について

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Structure of IBN ネパール投資庁（IBN）の組織

20

Prime Minister
Chairperson

Board Member

Board Member

Ministers from Key
Ministries & otherhigh level Gov’t
Officials

Investment Board

Working
Relationship

CEO- Member Secretary
CEO

Office of
the IBN

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Working
Relationship

Private Sector
Representatives

Board Members include:• Minister of Finance• Minister of Industry• Minister of Forest• Vice Chairman, National Planning
Commission• Governor, Nepal Rastra Bank
• Chief Secretary

21

IBN’s Major Ongoing Projects
IBNの進行中の主なプロジェクト

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

IBN’s Major Ongoing Projects IBNの進行中の主なプロジェクト
Capacity: 900 MW
Location: Dailekh & Surkhet District, Province 6 &Achham of Province 7
Total Project Cost (USD): 1.16 Billion
Status: MoU between Developer & NTPC Vidyut
Vyapar Nigam Limited (NVVN) for onward sale ofentire saleable power (792 MW) has been
completed; Generation license has been issued.

Solar Project

Dolma Fund Management (Solar Project)
ドルマファンドマネジメント（ソーラープロジェクト）

Capacity: 170 MW (150 MW Solar power + 20 MW
Battery (Phase I)
Location: Mustang district, Gandaki Province
Total Project Cost (USD): USD 200 million
Status: Applied for survey license

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Cement Project

アッパーカルナリ水力発電プロジェクト

Cable Car ProjectHydropower Project

Upper Karnali Hydropower Project

Huaxin Cement Narayani Project
フアシン・セメント・ナラヤニプロジェクト

Capacity: 3000 TPD
Location: Dhading District (plant site & mine site)
Province 3;
Total Project Cost (USD): 140 Million
Status: Land acquisition

Muktinath Cable Car Project
ムクティナートケーブルカープロジェクト

Location: Mustang District, Gandaki Province
Section: 6 section and in total 83.5 km
Total Project Cost (USD): 360 Million
Status: DPR study has been initiated22

IBN’s Major Ongoing Projects
Arun III Hydropower Project
アルン3水力発電プロジェクト

Capacity: 900 MW
Location: Sankhuwasabha District, Province 1
Total Project Cost (USD): 1.04 Billion
Status: Construction phase

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

23
Hongshi Shivam Cement Project
ホンシシバムセメントプロジェクト

Capacity: 6000 TPD Phase I; 6000 TPD Phase III
Location: Nawalparasi District (plant site) Province 5;
Palpa District (mine site), Province 4
Total Project Cost (USD): 336 Million
Status: Production and Distribution of Cement

24

IBN Conducting Feasibility Study

IBNが実施したフィージビリティスタディ（F/S）

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Conducting Feasibility Study Through IBN
KATHMANDU VALLEY
METRO
カトマンズバレーメトロ

SHEY-PHOKSUNDONATIONAL PARK
シックスフォクサンダ国立公園

Sector : Tourism
Sector : Transport•
Shey-Phoksundo National•
Line Agency: Ministry Of
Park, spread over 3,555 sq.
Physical Infrastructure And
km. houses the Phoksundo
Transport
Lake, one of the largest lakes•
Distance: Dhulikhelin Nepal. Endowed with
Nagdhunga approx 40 Kms
national beauty this is an ideal(Connecting East-West Ktm)
location for a luxury resort•
RFP evaluation initiated. 4/6•
Line Agency : Ministry ofshortlisted companies
Culture, Tourism and Civil
submitted proposals to
Aviation
conduct the feasibility study of•
EOI Published, Submitted andmetro rail projectassessment for shortlisting•
Time: Study to be completed
ongoing to call RFP
after 18 months of RFP award•
Time: Study to be completed
after 6 months of RFP award
GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARDSKI RESORT MANANG
スキーリゾートマナン

Sector : Tourism•
Situated in the Northern partof Nepal in the south of theAnnapurna mountain.
Manang is the ideal place in
Nepal to set up a Ski Resort.
•Line Agency: Ministry of
Culture, Tourism and Civil
Aviation•
EOI Published, Submitted andassessment for shortlistingongoing to call RFP•
Time: Study to be completed
after 6 months of RFP award

25

EDUCATION, HEALTH & INTEGRATED AGRICULTURE
SPORTS CITYPROGRAMME
教育、健康、スポーツ都市

統合農業プログラム

Sector : Education•
Line Agency:
Ministry of
Education•
EOI Published,
Submitted andassessment for
shortlisting ongoingto call RFP•
Time: Study to becompleted after 6
months of RFP
award

Sector : Agriculture•
Commercial farming,
processing, livestock farming
and processing•
Line Agency: Ministry ofAgriculture Development•
EOI Published, Submitted andassessment for shortlistingongoing to call RFP•
Time: Study to be completed
after 6 months of RFP award

26

SectoralOpportunities

セクターごとの投資チャンス

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Major Prioritized Sector – Opportunities 主要優先分野 – 投資チャンス
ENERGY
エネルギー

ROAD AND TRANSPORT INFRASTRUCTURE

TOURISM

道路と輸送インフラストラクチャ

観光

AGRICULTURE

HEALTH AND EDUCATIONMANUFACTURING

農業

保健と教育

製造

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

27

ICT
情報通信技術28

Potential Projects for Japanese Investors
日本の投資家のための推奨プロジェクト

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Potential Projects for Japanese Investor
HYDROPOWER
PROJECTS
水力発電プロジェクト

29

Karnali Chisapani (10,800 MW) カルナリ・チサパニ
Project Location: Chisapani
Project Cost (USD): 6,808 million approx.
Form of Investment: Public-Private Partnership

Aadhi Khola (180 MW) アディ・コリア
Project Location: Syangja District
Form of Investment: Public-Private PartnershipWest Seti Hydropower Project (750 MW) ウエストセティ水力発電プロジェクト
Project Location: Doti, Dadeldhura, Bajhang & Baitadi
Project Cost (USD): 1.75 Billion approx.
Form of Investment: Public-Private Partnership
Tamor Storage Hydroelectric Project (762 MW) タモール貯水型水力発電プロジェクト
Project Location: Terhathum, Taplejung and Panchhar
Project Cost (USD): 1.35 billion approx.
Form of Investment: Public-Private Partnership
Nalsing Gad Storage Hydroelectric Project (410MW)
ナリングガッド貯蔵水力発電プロジェクト

Project Location: Jajarkot District
Form of Investment: Public-Private Partnership

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Lower Seti (140 MW) ロウアーセティ
Project Location: Tanahu District
Project Cost (USD): 220 million approx.
Form of Investment: Public-Private Partnership

Potential Projects for Japanese Investor
TRANSPORTPROJECTS
輸送プロジェクト

Second International Airport 第2国際空港
Project Location: Nijgadh, Bara District,
Province.2
Project Cost (USD): 1.21 billion approx.
Form of Investment: Public-Private
Partnership

30
Expansion of East West Highway
東西高速道路の拡張

Project Location: from Mechinagar in theeast to Bhim Datta in the west.
Distance (Km): 1028
Form of Investment: Public-Private Partnership

Interstate and Intrastate Transportation Project 州間および州内輸送プロジェクト
Possible Location: Gandaki Province: Pokhara, Baglung Bazar, Kusma, Gorkha Bazar, ….
Province 7: Possible Location: Dhangadhi, Mahendranagar, Dipayal, Dadeldhura, …
Province 1 Possible Location: Bhojpur, Dhankuta, Ilam, Bhadrapur, Biratnagar,
Gaighat,..
Project Cost (USD): 10 million approx.
Form of Investment: Public-Private Partnership
Dhangadhi Regional International Airport ダンガディ国際空港
Project Location: Dhangadhi, Kailali District, Province.7
Project Cost (USD): 150 million approx.
Form of Investment: Public-Private Partnership

Tunnel Transport トンネル輸送
Project Location: Kathmandu District, Province. 3
Form of Investment: Public-Private Partnership

Kohalpur Surkhet Highway コハルパール・サーケット・ハイウェイ
Distance (Km): 108.0 Km
Form of Investment: Public-Private Partnership
GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Potential Projects for Japanese Investor
AGRICULTURE PROJECTS 農業プロジェクト
Organic Fertilizer Industry Project
有機肥料産業プロジェクト
Basic Features : Fertilizers manufactured from plant or animal
residues or mixtures thereof
Fulfilling unique requirements to quality asorganic fertilizer
Project Cost (USD): 20 million approx.
Form of Investment: Public-Private Partnership/ Blended
Financing

TOURISM PROJECTS 観光プロジェクト
Swargadwari Cable Car Project
スワルガドワリケーブルカープロジェクト
Project Location: Province 5; Mahabharat Range; Elevation
2,100 m (6,890 ft)
Project Cost (USD): 66 million approx.
Form of Investment: Public Private Partnership

Herbal Production, Collection and Processing Project
ハーブの生産、収集および加工プロジェクト
Basic Features : Production and Processing facility of herbs
Collection centers
Project Cost (USD): 20 million approx.
Form of Investment: Public-Private Partnership/ Private
Investment
Meat Processing Industry 食肉加工産業
Project Location: Butwal, Rupandehi District, Province 5
Project Cost (USD): 20 million approx.
Form of Investment: Private Investment
Khaptad Integrated Tourism Development Project
Khaptad総合観光開発プロジェクト
Project Location: 4 districts (Bajura, Achham, Bajhang, Doti)
Province. 7.
Source of Investment : Public Private Partnership

Gosaikunda Integrated Tourism Project ゴシクンダ総合観光事業
Project Location: Rasuwa District, Province 3
Basic Features : Gosaikunda Lake is one of the most famous religious and pilgrimage sites of Nepal and located at an altitude of
4,380 m (14370 ft.) and surrounded by peaks in Langtang National Park in Rasuwa District with a surface of 13.8 ha (34 acres)
Project Cost (USD): 176 million approx.
Form of Investment: Public Private Partnership
GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

31

Potential Projects for Japanese Investor
ICT & COMMUNICATIONS 情報通信技術
Strategic Investment Partner in Existing Agency
既存機関の戦略的投資パートナー
Basic Features : Communications service provider
Intelligent network service (IN service)
Internet service provider (ISP)
Service layer
Value-added service
Form of Investment: GoN to GoN or Public Private Partnership

32
MANUFACTURING 製造
Upgradation & Modernization ofexisting Udhaypur Cement
既存のウダイプルセメントのアップ
グレードと近代化
Form of Investment: Public Private
Partnership

HEALTH PROJECTS 健康プロジェクト
Lumbini Maternity Centre Project
ルンビニマタニティーセンタープロジェクト
Basic Features : World class international specialist maternity hospital to service the needs of thelocal, regional and international communities
Health infrastructure (including operating rooms, accommodation for in-patients)
Retail spaces
Health Education and Training Center
Leisure facilities
Project Cost (USD) : 100 million
Form of Investment: Public Private Partnership

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

Some Important Facts: いくつかの重要な要因：
Company Registration upon Investment Approval- Online registration.
投資承認時の会社登録 - オンライン登録。

Private Land acquisition on Company Name. Govt land on lease.

私有地は会社名で取得することができます. 政府の土地をリースすることができます

Non-tourist Visa to Investor and all foreign staff workers
投資家および外国人スタッフ全員に対する非観光ビザ

One window service for the Foreign investor from IBN & DOIIBN＆DOIから外国人投資家へのワンウィンドウサービス

All most all sectors are open for FDI. 100 % Foreign Ownership is allowed
ほぼすべてのセクターはFDIに開放されている。 100％外国人所有権が許可されています

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

33

Some Important Facts:
Markets for product including power market 電力市場を含む製品市場
Cheap labor with Demographic dividends 部門ごとに適応する安価な労働
Attractive returns in most business ほとんどのビジネスで魅力的なリターン
Political commitments for FDI FDIのための政治的コミットメント
Policy consistency and predictability ポリシーの一貫性と予測可能性
Repatriation of dividend, royalty, principal, interests, and capitalized value of its investment.
配当金、ロイヤルティ、元本、利息、および投資の資産価値の帰還。

Protection from the change in law. 法律の変更からの保護。

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

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NEPAL INVESTMENT SUMMIT 2019
ネパール投資サミット2019
Proposed dates: During March 25---29: Two days
提案日：3月25日〜29日：2日間

To be jointly organized by
 Investment Board Nepal , Ministry of Finance, Ministry of Industry, Commerce and Supplies
ネパール投資庁, 財務省, 産業商務省
 And in partnership with other government agencies, private sector organizations development partners

他の政府機関、民間セクター組織、開発パートナーとのパートナーシップ

Objective

Target Audience• Present projects ready for investment topotential investors• Present the initiatives taken by the government
to reform policies and procedures to make doing
business in Nepal more investor friendly• Investors (Foreign, Domestic and NRN)

GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD

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Thank You for your kind attention!
ご静聴ありがとうございました

MAHA PRASAD ADHIKARI
Chief Executive Officer
INVESTMENT BOARD OF NEPAL
mpadhikari@ibn.gov.np
GOVERNMENT OF NEPAL
OFFICE OF THE INVESTMENT BOARD