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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
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<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
<p style="text-align: justify;">DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.</p>
<p style="text-align: justify;"> Nepal-India Chamber of Commerce Chairman Surya SJV Rana said issues of land acquisition, local obstruction and forest were full of hassles.</p>
<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
<p style="text-align: justify;">DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.</p>
<p style="text-align: justify;"> Nepal-India Chamber of Commerce Chairman Surya SJV Rana said issues of land acquisition, local obstruction and forest were full of hassles.</p>
<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
<p style="text-align: justify;">DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.</p>
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<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
<p style="text-align: justify;">DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.</p>
<p style="text-align: justify;"> Nepal-India Chamber of Commerce Chairman Surya SJV Rana said issues of land acquisition, local obstruction and forest were full of hassles.</p>
<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
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<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
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<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
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<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
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<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
<p style="text-align: justify;">DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.</p>
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<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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February 20: Experts of various sectors have said public-private partnership (PPP) is necessary for infrastructure development in Nepal.
The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.
The government is at present giving very little public services to the people amidst resource crunch.
CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.
Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.
Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies.
He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.
CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.
Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.
Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal.
She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.
DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.
Nepal-India Chamber of Commerce Chairman Surya SJV Rana said issues of land acquisition, local obstruction and forest were full of hassles.
While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively.
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
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<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
<p style="text-align: justify;">DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.</p>
<p style="text-align: justify;"> Nepal-India Chamber of Commerce Chairman Surya SJV Rana said issues of land acquisition, local obstruction and forest were full of hassles.</p>
<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
<p style="text-align: justify;">DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.</p>
<p style="text-align: justify;"> Nepal-India Chamber of Commerce Chairman Surya SJV Rana said issues of land acquisition, local obstruction and forest were full of hassles.</p>
<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
<p style="text-align: justify;">DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.</p>
<p style="text-align: justify;"> Nepal-India Chamber of Commerce Chairman Surya SJV Rana said issues of land acquisition, local obstruction and forest were full of hassles.</p>
<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
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<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
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<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
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<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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'content' => '<p style="text-align: justify;">February 20: Experts of various sectors have said public-private partnership (PPP) is necessary for infrastructure development in Nepal.</p>
<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
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<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
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<p style="text-align: justify;"> Nepal-India Chamber of Commerce Chairman Surya SJV Rana said issues of land acquisition, local obstruction and forest were full of hassles.</p>
<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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<p style="text-align: justify;">The experts in the Nepal Infrastructure Summit- 2017 that kicked off in the capital on Sunday stressed on PPP-model saying no infrastructure development is possible with only the investment from the state.</p>
<p style="text-align: justify;">The government is at present giving very little public services to the people amidst resource crunch.</p>
<p style="text-align: justify;">CEO of the Nepal Reconstruction Authority (NRA) and former vice chairman of the National Planning Commission (NPC) Govind Pokhrel said the co-work between the private sector and the government is itself public-private partnership and added that sharing of risk and returns will be between the two.</p>
<p style="text-align: justify;">Member of NPC, Hirendra Man Pradhan said government is focused on services but the private sector on profit and that there should be balance between the two sectors. There is no possibility of infrastructure development in the country with the government investment alone, he said, adding that hydropower is the main priority area in Nepal in terms of investment. He stressed on the development of hydropower, irrigation and drinking water sectors in Nepal.</p>
<p style="text-align: justify;"> Pokhrel as one of the key speakers of the first session in the conference, urged not to take PPP as commercialization of public services or involvement of private sector in public executive bodies. </p>
<p style="text-align: justify;">He opined, however, that PPP could be adopted in the sectors of transportation, service sectors, drinking water and sanitation.</p>
<p style="text-align: justify;">CEO Pokhrel said there are three kinds of PPP model including operation and management; build-own- operate and transfer (BOOT), and build, own and operate.</p>
<p style="text-align: justify;"> Stating that although there were laws on PPP, it could not be fully utilized, he said land acquisition was the biggest problem regarding it. More clarity is needed on what is public-private partnership in the context of Nepal, he added.</p>
<p style="text-align: justify;">Manager of IFC South Asia region Isabel Chatterton said there should be no delay in adoption of PPP model in infrastructure development in Nepal. </p>
<p style="text-align: justify;">She stressed on creating security payment mechanism for controlling risks in payments. She also called for opening private sector investment in infrastructure sector while emphasizing on the need of keeping a large number of projects in pipeline so as to encourage private sector investment.</p>
<p style="text-align: justify;">DFID Nepal Chief Gail Marzetti suggested taking the investment issue seriously, whereas, Nepal Mediation Council Chairman Birendra Bahadur Deuja said not a single project could be prepared even if it was talked about for the past 20 years. Research fellow Nihar Nayak while stating that private sector investment in India was above 30 percent, added that Nepal could learn from India in PPP model.</p>
<p style="text-align: justify;"> Nepal-India Chamber of Commerce Chairman Surya SJV Rana said issues of land acquisition, local obstruction and forest were full of hassles.</p>
<p style="text-align: justify;">While presiding over the first session, Finance Minister Krishna Bahadur Mahara made commitment to implement PPP model while taking the suggestions positively. </p>
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