April 28: The Third Investment Summit is beginning today (Sunday) with the primary objective of attracting foreign direct investment in large development projects for the country's economic progress and prosperity. 

The government is showcasing 151 projects. The event slated to be inaugurated by Prime Minister Pushpa Kamal Dahal 'Prachanda' will see participation of over 1600 investors from 55 plus countries.

 Nepal Investment Board has informed that there will be 23 exhibition stalls along with detailed information on the projects in the conference. Similarly, concept notes would be called for 19 projects. The two-day international event will feature 11 parallel sessions on Monday. 

The first day will witness inauguration session and two major sessions. The investors will be provided opportunities to interact with PM Dahal and Finance Minister Barsha Man Pun in course of the summit. 

Private sector, partner of economic development, is the co-organizer of the event. Several noted international figures including Indian Minister for Commerce and Industry, Piyush Goyal, State Minister for UK Asia Pacific Affairs, Anne-Marie Trevelyan, Minister of State for Development and Africa, Andrew Mitchell, UNCTAD Secretary General Rebeca Grynspan, and Chairman of China International Development Cooperation Agency, Luo Zhaohui will address the summit.

 Similarly, Vice President of ADB, Yingming Yang Acting, Vice Chair of Asian Infrastructures Investment Bank, Rajit Mishra, Indian Ambassador to Nepal, Naveen Shreevastav, Executive Director of ITC India, Supratim Datta, and Senior Vice Chair of US Chamber of Commerce, Atul Keshap are other speakers.

In the same vein, former Prime Minister and major opposition party leader Sher Bahadur Deuba, Finance Minister and summit convention committee director, Barsha Man Pun, and leaders of Nepali business community will also address the summit.