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Nepal encourages Chinese entrepreneurs to participate in planned infrastructure summit

Xinhua, September 8, 2016 Adjust font size:

The Confederation of Nepalese Industries (CNI) on Thursday encouraged Chinese entrepreneurs to participate actively in "Nepal Infrastructure Summit" which will be held in November or December.

During their meeting, CNI leaders asked Chinese entrepreneurs to participate in the event organized by the private sector body in collaboration with the Nepalese government.

The CNI has been organizing the event for the last few years to attract more domestic and foreign investment in Nepal's infrastructure sector, one of the poorest in the world. According to CNI, the theme of the planned summit will be "Private Sector Participation in Infrastructure."

On Thursday, a team of the Chinese Enterprises Association in Nepal (CEAN), an organization of Chinese entrepreneurs having business in Nepal, interacted with the CNI discussing about CEAN's institutional participation in the event.

CNI Vice President Vishnu K. Agrawal said they encouraged the CEAN to participate in the event as partner organization and proposed a long-term association between the CNI and CEAN.

"The event is not only to explore business opportunities in Nepal's infrastructure sector, but also to create awareness among the policy makers for bigger focus in the sector," he said.

Yuan Zhixiong, President of CEAN said that they wanted to participate in the event for greater exposure of CEAN and explore the right projects in which they could invest.

"We also want to remain in close contact with Nepali companies," he said. Endit