August 26, 2021
1 min read

Indian infrastructure firms interact with Nepal officials over new projects

Joint Secretary Keshab Kumar Sharma welcomed Indian companies’ participation in business opportunities in Nepal…reports Asian Lite News

Indian Embassy in Kathmandu and infrastructure companies held a virtual interaction with Nepalese officials on opportunities for undertaking projects in Nepal on Tuesday.

“Embassy of India, in partnership with Confederation of Indian Industries and in presence of the Ministry of Physical Infrastructure and Transport, Govt. of Nepal, organised a virtual interaction with major Indian infrastructure-sector companies on opportunities for undertaking projects in Nepal,” a press release said on Tuesday.

“Deputy Chief of Mission (DCM) Namgya Khampa addressed the participants and this was followed by Embassy’s presentation on the sector by Keshab Kumar Sharma, Joint Secretary, MoPIT, Nepal,” the release added.

Khampa underlined that Nepal is one of India’s most important neighbours, a special partner and a key actor in India’s vision for a connected, integrated South Asian region. She also noted that in Nepal’s efforts at economic development, the infrastructure sector will play a critical role. Highlighting the emerging opportunities in this sector, DCM advised the companies to keep Nepal in their list of priorities and benefit from the upcoming opportunities.

Joint Secretary Keshab Kumar Sharma welcomed Indian companies’ participation in business opportunities in Nepal and gave an overview of the scale, scope and nature of bids in the infrastructure sector.

He also answered questions on funding modalities, joint ventures and encouraged them to tie up with suitable local partners wherever it suits the project’s scale.

In the last few years, Indian infrastructure companies have undertaken major projects within India and abroad and have built a reputation for the quality of construction, adherence to timelines and cost-competitiveness.

The interaction was aimed at attracting their attention to Nepal’s booming infrastructure sector, sensitising them on local partnerships and encouraging them to contribute to it with their unparalleled expertise, technology and know-how. (ANI)

ALSO READ: Rival faction inside Nepal’s CPN-UML sign up for new party

Previous Story

Rival faction inside Nepal’s CPN-UML sign up for new party

Next Story

Pak export via Torkham border disrupted since Taliban’s takeover

Latest from -Top News

Industry Hails India-UK FTA

£34 billion boost, sweeping tariff cuts and market access mark UK’s most ambitious post-Brexit trade pact; Indian sectors set for exports surge…reports Asian Lite News Business leaders from both India and the

India, UK Sign Landmark FTA

The pact is set to make imported goods like Scotch whisky, gin, luxury cars, cosmetics, and medical devices more affordable for Indian consumers….reports Asian Lite News In a landmark moment for India-UK

Farmers Win Big in India-UK FTA

There is a massive gain for rural India and exporters with zero duty on processed foods compared with up to 70 per cent earlier….reports Asian Lite News The India-UK Free Trade Agreement

Modi-Starmer Meet Ahead of FTA Signing

During the discussions, the two sides will also review the progress of the Comprehensive Strategic Partnership (CSP)…reports Asian Lite News Prime Minister Narendra Modi on Thursday called on Keir Starmer at the

Hindu Temple Vandalised in Melbourne

Confirming the incident, Victoria Police mentioned they are investigating “four linked incidents in Boronia,” including the temple and two restaurants….reports Asian Lite News In a deeply disturbing incident of racial violence, a
Go toTop

Don't Miss

Malaysian Open: Sindhu enters second round

Chochuwong fought hard to stay in the match in the

Settlement in national currencies on BRICS agenda

The summit is expected to reinforce BRICS’ evolving role as