Nepal's infrastructure sector is vital for fostering economic growth and enhancing social development, yet it faces significant hurdles such as inadequate funding, outdated regulatory frameworks, and limited engagement from the private sector. According to the World Economic Forum, the country's infrastructure investment is around 4-5% of GDP, which falls short of the 8-12% needed to bridge the infrastructure gap and meet the Sustainable Development Goals (SDGs) by 2030. Additionally, Nepal confronts an estimated annual financing shortfall of USD 4 billion in key sectors like energy, transport, water and sanitation, and urban development. Despite these challenges, Nepal has shown resilience, implementing public-private partnership (PPP) models and regulatory reforms to attract foreign direct investment (FDI) and exploring green finance avenues to support sustainable infrastructure projects. These efforts reflect the co
The fifth Nepal Infrastructure Summit (NIS 2024) aims to bring together key stakeholders to explore the critical role of infrastructure investment in Nepal's developmental aspirations. The summit will serve as a platform for knowledge sharing, networking, and collaboration among stakeholders committed to advancing infrastructure development in Nepal. It aims to foster dialogue, identify actionable insights, and catalyze partnerships for the sustainable growth of the nation's infrastructure sector.
Through comprehensive discussions and deliberations, the summit aims to achieve the following objectives:
Explore Developmental Aspirations: Investigate how investment in infrastructure can contribute to Nepal’s goals of economic growth, prosperity, sustainability, and environmental responsibility.
Foster Proactive Stakeholder Engagement: Examine the roles of various stakeholders including the government, private sector, development partners, civil society, banking system, and the public in advancing infrastructure development. This includes assessing the efficacy of monetary and fiscal policies, regulatory reforms, and the proactive engagement of all stakeholders.
Delve into Specific Infrastructure Issues: Conduct in-depth discussions on specific areas and sectors of infrastructure development in Nepal to identify challenges, opportunities, and best practices for sustainable growth.
