Nepal eyes Danish investment

Nepal eyes Danish investment

The private sector has expressed interest to expand ties with Danish private sector. "Nepal is ready to supply products to Denmark according to the demand of Danish market,” said president at Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Suraj Vaidya, during 'Matchmaking Event 2014: DANIDA Business Partnerships’, organised by the embassy of Denmark here today. At the event aimed at promoting business partnership between Nepali and Danish private companies, Vaidya also extended FNCCI support to any Danish firms interested to invest in Nepal. "The event will help promote trade between Nepal and Denmark," said ambassador of Denmark Kirsten Geelan on the occasion. "Nepali people will derive benefit from Danish private companies, as their expertise and technology will help in the growth of Nepali economy," he added. Vice president of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma, on the occasion, informed the delegation that Nepal offers huge potential in education, pharmaceuticals, and hospitality. "Danish investors should perhaps look into investing in these sectors." Likewise, chairperson of Nepal Economic Forum Sujeev Shakya called the Danish investors to invest in Nepal because it is the best destination to capture the market of South Asia due to its strategic location and immense potential. More than 40 Nepali and 12 Danish companies took part in the interaction, where the embassy informed that some 21 Danish firms are seeking to invest in Nepal in handicrafts, agriculture, information technology and tourism.
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