KATHMANDU, May 14: A team of Federation of Nepal Chambers of Commerce and Industry (FNCCI) led by its President Suraj Baidha left for the United States on Sunday to promote Nepal Investment Year 2012/13.
According to a press release, the team of 11 members will meet various US officials, including officials of Bureau of Energy Resources Office of Alternative and Renewable Energy US, Department of State, Export-Import Bank of the US, US Trade and Development Agency, National Hydropower Association (NHA), Energy and Environmental Industries, US Department of Commerce, International Trade Administration (ITA) and Transportation and Machinery, among others.
During the meeting, the team will highlight latest policies and priorities set by the government for attracting foreign investment, and also shed light on areas in which the country has huge business prospect and return like hydropower, tourism, agriculture and infrastructure sector.
"The team will discuss on investment prospects in sectors like energy and agriculture and shed light on investment climate in Nepal," reads the release.
The team comprises of representatives from agriculture, banking, carpet, tea, garment and hotel sectors of Nepal.
"The five-day visit will focus on highlighting positive and developing situation of Nepal among officials and private sector leaders is US," states the release.