Nepal Infrastructure Summit 2019

Nepal Infrastructure Summit (NIS) 2022, will be hosted by the Confederation of Nepalese Industries (CNI) on 8-9 September and is expected to gather over 500 participants including the Government of Nepal, private sectors, foreign dignitaries, think tanks and investors.
Since the last NIS in 2019, Nepal’s economic growth contracted by 2.37 percent in 2019/20 owing to Covid-19. Economic activities came to a standstill globally and the world experienced unprecedented supply chain disruptions, both of which impacted growth adversely. Nepal has set an ambitious economic growth target of 8 percent for FY 2022/23 while the growth rate for the current fiscal is estimated to be around 5.84 percent. There is a compelling argument for infrastructural investment as a stimulus post-Covid-19. Further, an uncertain world economic environment, escalating climate vulnerability, increasing economic cost of climate change Read more…