Nepal Business Tour:
Nepal is an emerging nation that is gradually gaining recognition for its potential in business, investment and tourism. With its diverse and vibrant culture, it is attracting the attention of world business leaders as a possible place to invest. From banking and finance to real estate, innovations in research and development and businesses, Nepal offers a vast range of investment opportunities.
Tourism has been a popular source of investment in Nepal since time immemorial. Trekking and mountaineering are major attractions for the country’s visitors. There are excellent opportunities for businesses related to the tourism industry like hotels, restaurants, tour guide services, eco-tourism and health services. Moreover, its handicrafts, textiles and cottage industries make good investment potentials. International companies are showing increasing interest in Nepal and organizations like Nepalese Flooring Carpet, Nepalese Fashion & Garments, etc. are located in the country.
Agriculture is an additional niche of investment, with possibilities both in industrial farming and organic farming. Horticultural production is becoming more relevant as a source of income in Nepal. On the other hand, technology and innovation are rapidly advancing and biotechnology coupled with environmental sustainability is further business opportunity for Nepal.
Therefore, world business leaders who are looking for potential investment arenas can certainly invest in Nepal without any doubts. The country has ample investment opportunities and prospective returns.
Nepal Business Investment and Success Story!
Nepal has seen an influx of businesses and investments over the past few decades with some impressive success stories to tell. From multinational banks like Standard Chartered Bank to established consumer goods companies like Unilever, North Face Trekking Gear, and Kentucky Fried Chicken (KFC), industry in Nepal is constantly shifting and accommodating increased investments. Aviation, notably the national carrier of Nepal, Nepal Airlines Corporation, has seen increased investment from within the country and abroad and these investments have allowed for a soar in domestic and international flights.
One of the most profitable sectors in Nepal is hospitality. Hyatt Hotels has seen a surge in both domestic and international guests and revenue is booming due to the increased investments in the hotel chains and other hotels. International Schools are becoming increasingly popular in Nepal as foreign entrepreneurs and investments move into the country, allowing Nepalis to attend schools in abroad. And with the influx of tourists, an increase can be seen in filming of Hollywood movies, which is good news for Nepal’s economy.
The telecom sector, led by Ncell, has seen some of the greatest success in investments. From a measly two million users to more than 13 million, Ncell has seen an impressive rise in its network with investments from Axiata, TeliaSonera and Reignwood. This additional investment has allowed for more coverage, improved quality of service and an impressive expansion of its client base.
Ultimately, Nepal is becoming en ever-more competitive market for businesses and investments, and the success stories of investments in so far are proof of the potential that this small nation holds. From ground level companies like North Face Trekking Gear to larger businesses like Standard Chartered Bank, the sky is the limit. If the business and investment climate continues its current expansion trend, the prospects for Nepal look even brighter.
