chinese enterprises: The event drew the participation of over a hundred guests including representatives of Chinese enterprises who want to take a closer look at the business opportunities that Nepal has to offer, according to Global Times China. The Nepalese Ambassador to China Leela Mani Paudyal and the CEO of the Investment Board of Nepal Maha Prasad Adhikari attended the event. Photo Yin Yeping/GT The pre-summit conference for the 2019 Nepal Investment Summit that will be held in Kathmandu from March 29 to 30, took place in Beijing on February 25. The Chinese investment in Nepal has seen a positive trend in recent years. In addition to the business potential under the BRI, China and Nepal have also agreed to expand bilateral cooperation and develop connectivity infrastructures under the Trans-Himalayan Multi-Dimensional Connectivity Network, and expedite economic and people-to-people exchanges, according to the Nepalese Embassy in Beijing. Last December, Shanghai Institutes for International Studies released the report of the Sino-Nepalese Development and Cooperation under the Belt and Road Initiative BRI suggesting that there are currently over 100 Chinese enterprises invested in Nepal, ranging from the sectors of hydropower, aviation, hotel, food and medicine.
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