How does IBN promote investment in Nepal?

IBN organizes investment summits normally two years interval and supports other government agencies as well as the private sector in their investment promotion initiatives. Nepal Investment Summit 2017 Nepal Investment Summit 2019 Nepal Infrastructure Summit 2017 Nepal Infrastructure Summit 2019 Tilottama Investment Summit 2019  In addition, IBN carries foreign investment promotion in various countries in collaboration with the diplomatic mission of foreign countries and development partners.

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What are the promotion initiatives that IBN has carried out so far?

IBN has organized two highly successful investment promotion summits in 2017 and 2019 with significant participation from global and national investors. Over a period, IBN has coordinated with diplomatic missions and various multi-lateral agencies to organize various investment promotion events at home and abroad. Besides, IBN has provided technical support for investment promotion activities at the local level to attract investment.

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How does IBN collaborate with provincial and local bodies?

IBN coordinates with provincial and local governments on various issues including the development of potential PPPs and private projects, promoting such projects, and managing the stakeholders in such projects in the provincial and local units they are located in. Apart from these, IBN collaborates with provincial and local governments to build their capacity.

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How does IBN negotiate projects?

IBN has a standard process for negotiating projects. First, all conditions are mentioned in the EOI and RFP documents and project negotiations follow them. IBN signs a Project Development Agreement (PDA) for PPP projects and a Project Investment Agreement (PIA) for private investment projects. The PDA negotiation team comprises up of: Joint Secretary, Investment Board Nepal: Coordinator Project Manager assigned by Investment Board Nepal: Member Under Secretary- Technical, Investment Board Nepal: Member Under Secretary (Legal), Investment Board Nepal: Member Officer, Investment Board Nepal: Member Secretary

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What is an unsolicited project?

Unsolicited projects refer to investment projects conceptualized and developed solely by the private sectors. Private projects can be fully owned by private parties in Nepal.

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What are the necessary documents that I am required to produce for an unsolicited projects?

For an unsolicited project, investors are requested to submit: Company profile including a financial statement for the last 5 years, Project concept and plan, Technical details and specification, Details of project feasibility/survey/detailed design, Project economic/technical/environmental feasibility, Project implementation method and work schedule, Business plan and basic financial statement, Source of investment and financial arrangement, Social/economic contribution of the project, and Other relevant information (if any)

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How can I apply for investment at IBN?

Any potential investor is required to submit a project investment application at IBN. Following is the process of application at IBN.  IBN also manages solicited projects, for which there is a standard procurement process, and the investors have to participate in the process. Click here for the process for solicited projects.

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