DUBAI (UAE), Dec 1: President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has invited UAE investors, urging them to explore lucrative opportunities in Nepal's burgeoning sectors.
Investors from the UAE are interested in investing in sectors such as clean energy, infrastructure, education, healthcare, food processing, and financial services in India, according to Commerce and Industry Minister Piyush Goyal. The airline sector is particularly promising for UAE investors due to India s focus on travel and tourism. Other sectors likely to see investments include pharma, roads and highways, ports, clean energy, and petroleum and petroleum chemical projects. The UAE has already invested over $10 billion in India, and has committed to investing $75 billion in India s infrastructure sector.
Securities and Commodities Authority SCA, federal financial regulatory agency in United Arab Emirates UAE issued new regulations changing public distribution of foreign funds. Promotion of foreign funds is now limited to private distribution to professional investors.
A roadshow is conducted in Dubai as part of a fortnight-long outreach programme to mop up an estimated $13.8b worth of investments during Global Investors Summit sla.