२४ श्रावण २०७९, मंगलवार
     Tue Aug 9 2022
  English Edition

AIIB president hints at possibility of investment in infrastructure projects

3  March,Kathmandu: Asian Infrastructure Investment Bank (AIIB) president Jin Liqun has hinted the possibility of ample investment in the infrastructure building projects if appropriate project proposals were received from the private sector for the same.
The AIIB President, who is presently in the capital in course of taking part in the Nepal Investment Summit 2017, during his meeting with the officials of the Confederation of Nepalese Industries (CNI) and the Council of Think Tank, CNI said the Bank could invest in such projects without government guarantee if suitable proposals were received towards that end.
Far-sighted vision and commitment of political leadership were a must to develop mega projects and projects of strategic importance which could bring socio-economic transformation in a country and political stability was the pre-condition to implement such projects, he said, adding that he was encouraged by the latest atmosphere being created in Nepal.
“Statements that leaders of major political parties here delivered to the Investment Summit prove that political leadership is committed to the socio-economic transformation of Nepal,” Mr Jin said, expressing his hope that the election going to be held here in near future would help attain political stability. He hoped that development endeavours would get momentum here and the Bank was committed to invest for so.
Council’s Chair Hari Bhakta Sharma shared that the government has chalked out various programmes and partnering with the public and private sectors to upgrade the country from the status of a least developed country to the developing one by 2030.
He said that they expect AIIB to consider investment on mega development projects in the country including the Nijgadh International Airport and East-West Electric Railway.
Similarly, CNI’s Council of Thinktank Coordinator Shambhuram Simkhada suggested the AIIB to adopt the strategy of expanding investment on developing the basic infrastructures in the least developed countries like Nepal. RSS

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