Department of Industry, UNCTAD launch investment portal

Department of Industry, UNCTAD launch investment portal

Department of Industry and the United Nations Conference on Trade and Development (UNCTAD) launched a portal on investment guide to Nepal. Presenting the iGuide to Nepal, here at a launching ceremony, today economic affairs officer at UNCTAD Ian Richards demonstrated how the iGuides provided all critical information for investment decisions at the fingertip. Moreover, unlike sit-on-the-shelf documents, any element of an iGuides site can be updated by the government at any time, which makes it more relevant to the target audience. Richards also highlighted the site's coverage of investment opportunities in agriculture, hydropower, tourism, health services, pharmaceuticals, light manufacturing and minerals. The web-based investment guide to Nepal is part of UNCTAD's technical assistance activities to strengthen national capacity for FDI attraction in land-locked developing countries. It is expected that the site will help the government attract more diverse foreign direct investment in support of Nepal’s development goals. Country sites for the iGuides platform have been launched in Burundi, Djibouti and Rwanda and will be developed by the end of the year in Bhutan, Eastern Morocco, Kenya, Mongolia, Tanzania and Uganda.
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