Tuesday, November 15, 2005

Investment in Nepal

Nepal is a country between india and china, the fastest growing economies of the world. It is having free trade with india and is planning to have same with china also. Along with these oppertunities Nepal has a large pool of qualified engineers and technicians along with good numbers of management graduates ready to work for fairly low cost.
Nepal is the second richest country in terms of water resources and it has eight out of ten highest mountain peaks in the world. Nepal is the birth place of Gautam Buddha. These facts shows the tourist destination potential of Nepal. Nepal has many large and small deposits of different minerals. The market is available in the form of china and india also the internal market is not small as nepal has a population of about 25 million.
Nepal government has now set the prime goal of developing Nepal as a transit between India and China. For that a commitee is formed to study all necessary ways in which Nepal can benefit. By this Nepal will not only be gaining revenue in terms of transit fees for the movement of goods between india and chinese but also improving ground for the tourism development where it have the highest potential. Nepal can also go for building large hydroelectric projects which will not only solve the energy crises in the country but also gain huge revenue by selling power to India where by 2010 the energy crises is going to be very high.
Nepal inspite of internal violence is having a GDP growth rate of about 3.5 percent which is an optimistic statistics. Any Individual or Company must try to get the full benefit by investing in nepal now when the market is not very competitive and get use to with the business model of producing in nepal for the combined markets of India and China.

0 Comments:

© Blogger Templates | Webtalks