Kathmandu: A two-day ‘Nepal Investment Conference 2022’, organized by Janaki Global Foundation in association with Nepal Philippines Chamber of Commerce, held at Nepal Tourism Board, Kathmandu has concluded successfully.

The two-day conference was organized to increase investment awareness and financial literacy among the people. 150 students and youths, who are interested in the entrepreneurship and investment sector, participated in the conference. Among them, successful entrepreneurs and investors inside and outside Nepal shared their experiences and success story. They also shared opportunities, challenges and ideas for becoming an investor.

"It is the responsibility of the state as well as the leading organizations of industrialists and investors to develop the younger generation as investors," said Shobha Gyawali, president of the organizing body Nepal-Philippines Chamber of Commerce and Industry. “"With this in mind, we have organized this conference to develop the younger generation as investors and to prepare them mentally.”

Similarly, Janaki Gurung, founder of Janaki Global Foundation, another organizer of the conference, said that the conference was organized with the expectation of motivating young people to invest in the country and enable them to become self-employed and create more employment opportunities.

Likewise, in the program on Monday, former minister Eknath Dhakal said that there was an opportunity for new investors as the issue of giving priority to indigenous investment was included in the constitution of Nepal.

"We have made clear provisions in the constitution but there are some problems due to the political parties that have been in power for a long time," Dhakal said. However, he said that the state's economy was moving in a depressing direction as there were no other laws, rules and policies in line with the constitution.

Dhakal further added that the rumor about how country economic condition will be similar to Srilanka is baseless. Stating that the trade deficit is increasing in the current situation, former minister Dhakal suggested investors to invest in export-oriented products. He suggested that small and young investors could be successful in engaging in agriculture and tourism business.