The American Chamber of Commerce in Nepal (AmCham Nepal) has advanced a significant initiative to highlight up to $10 billion in U.S. private-sector investment opportunities in Nepal’s hydropower sector following a series of high-level meetings in Washington, D.C. The discussions, held on December 1 at the U.S. Chamber of Commerce headquarters, brought together senior representatives from the U.S. Department of State, U.S. Department of Commerce, U.S. Commercial Service, and the U.S. Chamber of Commerce.

The meetings focused on expanding two-way trade, strengthening commercial diplomacy, and aligning both nations’ economic priorities in energy, ICT, and emerging technologies including manufacturing and service industries.

Foundation Built Through Partnership with U.S. Commercial Entities

AmCham Nepal’s Founding Chair Ajit Shah underscored that AmCham’s institutional foundation was built over years through collaboration with various U.S. commercial entities, creating a trusted platform that now enables deeper commercial engagement. He noted that this strong base is crucial as Nepal and the United States move toward mutually beneficial trade and investment opportunities, not only in energy but also in ICT and digital innovation.

Shah emphasized that both governments must continue working together to address trade barriers, harmonize regulatory practices, and unlock new avenues for two-way trade. He also conveyed appreciation for the continued support of the U.S. Embassy in Kathmandu in facilitating an improved business environment for American companies.

Recognition of Government of Nepal’s Reforms

During the meetings, U.S. officials highlighted momentum in Nepal’s reform efforts. Patrick Pitt, Director in the U.S. Chamber of Commerce, stated, “We appreciate the Government of Nepal’s recent policy reforms in the ICT sector, including measures that allow Nepali companies to establish subsidiary offices in the United States. These steps reflect a strong commitment to improving the ease of doing business and encouraging greater U.S. private-sector engagement. Predictable regulations, transparent laws, and consistent implementation are critical for attracting American investors, and Nepal is becoming an increasingly important market for such opportunities. We look forward to seeing Nepal continue creating conditions where U.S. businesses can succeed and contribute to shared prosperity.”

This acknowledgement underscores the growing confidence in Nepal’s investment landscape and the shared commitment to fostering a stable, predictable regulatory environment.

As an Emerging Clean Energy and Technology Hub

AmCham Nepal presented Nepal’s 100% renewable hydropower, cool climate, and abundant water resources as strategic assets for hosting AI data centers and high-performance computing facilities. With more than 92% of Nepal’s hydropower potential still untapped, and full foreign investment permitted in the sector, Nepal is positioning itself as a competitive destination for clean-energy development.

U.S. counterparts expressed strong interest in Nepal’s potential to support regional energy security while enabling long-term, sustainable investments.

Next Steps Toward Deeper Cooperation

Both sides agreed to:

- Host a U.S.–Nepal hydropower investment webinar,

- Conduct a multi-city U.S. investor roadshow, and

- Jointly prepare a portfolio of bankable energy projects for American investors.
These steps align with AmCham Nepal’s broader mission to champion aid-to-trade, advance two-way investment, and foster prosperity in both nations.

With rising opportunities in ICT and energy, Nepal is becoming a compelling example of how thoughtful policy reforms, private-sector leadership, and strong bilateral partnerships can unlock shared economic growth.