Nepal has emerged as a developing economy and one of the best countries to invest in. Here are the top 10 sectors to invest in Nepal. BEST REASONS TO INVEST IN NEPAL Nepal ranked 2nd after Sri Lanka among South Asian countries easiest to do business in. Nepal offers 100% FDI in various sectors and bilateral investment protection arrangements. Nepal is strategically located between the two largest growing economies — India and China — with duty-free access to both. Nepal has 61% working age population and cost-effective labor. TOP 10 SECTORS TO INVEST IN NEPAL 1. HYDROELECTRICITY - Nepal has abundant water resources. Almost 40% of population has no electricity access and demand is growing at 7-9% per year. There are about 6,000 rivers across three major basins — Karnali, Koshi, and Gandaki. 2. TRANSPORT - Nepal is landlocked with difficult terrain. Cable transport, road transport, railways and airports present major investment opportunities. Nepal has 9,150 km of unpaved highway roads and only one international airport. 3. AGRICULTURE - With growing population and ideal geographic conditions, agriculture remains one of the most promising sectors. 20% of land is cultivated while 6.99% remains uncultivated. 4. TOURISM - Nepal has eight of the ten highest mountain peaks in the world, is the birthplace of Lord Buddha, and attracts adventure seekers globally. International tourist numbers are growing exponentially. 5. INFRASTRUCTURE - The 2015 earthquake increased the need for strong earthquake-proof infrastructure. Postal and telecommunications remain deficient in rural areas. 6. INFORMATION TECHNOLOGY - Nepal has a growing pool of skilled IT professionals at competitive wages with rapidly increasing interest in technology careers. 7. MINES AND MINERALS - Nepal is rich in metallic and non-metallic mineral deposits. Opportunities exist in cement, limestone, coal, talc, and clay industries. 8. FINANCIAL INSTITUTIONS - Depository, contractual, and investment institutions are gaining popularity. Financial institutions are critical parts of the economy. 9. HEALTH AND EDUCATION - Both sectors need significant improvement, creating strong profit potential for quality institutions. 10. TELECOMMUNICATION - Growing population and difficult terrain mean telecom services have not reached all areas, creating significant opportunity with low competition. Source: www.merokalam.com
December 05, 2017
Ten Best Sectors to Invest in Nepal — Nepal Investment Guide
December 05, 2017