KATHMANDU, April 28 : During the Nepal Investment Summit-2024 in Kathmandu, two agreements were signed between private sector entities, reflecting progress in fostering international partnerships.
Following the opening session of the Nepal Investment Summit-2024, one agreement focused on promoting professional cooperation between domestic and foreign business organizations.
Marshalling foreign investment
One agreement was reached between the Federation of Nepalese Chambers of Commerce & Industry (FNCCI) and the National Chamber of Commerce & Industry of Malaysia (NCCIM) to promote bilateral trade and investment.
The FNCCI President Chandra Prasad Dhakal and NCCIM President Tan Sri Soh Thian Lai signed the agreement.
Similarly, another agreement involved two business groups of Nepal and India to collaborate on the construction and operation of the data center. This agreement was signed by BLC Holdings Nepal and Yotta Data Services India for setting up a data center. BLC Group Managing Director Megha Chaudhary and Yotta CEO Sunil Gupta formalized the cooperation.
