Kathmandu:Finance Minister Dr. Swarnim Wagle announced that the upcoming Nepal Infrastructure Summit is focused on moving beyond tradition and initiating significant changes in past practices.
According to National News Agency Nepal, Dr. Wagle highlighted at a press conference in Kathmandu that the summit will aim to establish a distinct brand by driving policy and legal reforms in the infrastructure and investment sectors. The government is actively working towards comprehensive reforms across various domains including the economy, legal systems, and resource management.
Minister for Infrastructure Development Sunil Lamsal also addressed the press conference, stating that significant policy and legal reforms concerning infrastructure and investment are on the government’s agenda. He mentioned that the government intends to resolve complex legal hurdles before the summit.
Minister Lamsal encouraged donor agencies to invest confidently, citing an investment-friendly climate in Nepal. The government plans to showcase its legal and policy reforms at the summit and aims to put an end to project implementation delays and other irregularities.