What is the sectorial opportunity in tourism?

Nepal offers a unique comparative advantage for profitable investment in diverse areas of tourism, namely, adventure, cultural, religious, and MICE (meetings, international conferences and events). Nepal has seen consistent growth rates in the incoming tourists due to booming outbound market of emerging and neighboring economies. There lies tremendous potential to cater high end tourists and promote organized mass tourism. In addition, Nepal is celebrating VISIT NEPAL YEAR 2020 to attract 2 million tourist by the year and promote large scale tourism activities in future as well. Private sector has huge opportunity to fill in the infrastructure gap essential for tourism development.