KATHMANDU, Dec. 21 (Xinhua) -- Nepal's apex body of manufacturing and service industries, Confederation of Nepalese Industries (CNI), is organizing the "Second Nepal Infrastructure Summit 2017" to be held on February 19-20 next year in Kathmandu.
The CNI said on Wednesday that it was going to organize the event in coordination with Nepalese government and Youth Community for Nepalese Contractors.
CNI President Hari Bhakta Sharma said that investors, consulting service providers, builders, experts, government agencies, diplomats, lawmakers and media from various countries including Nepal, China and India will take part in the event.
According to the organizer, the summit is aimed at facilitating discourse on indispensability of private sector in infrastructure development.
"The primary objective of the summit is to attract large scale private investment in areas of Nepal's core needs, forge stronger networks and alliances in the region for seamless connectivity, and raise awareness on why investment in infrastructure is a must," said the CNI.
The summit will showcase the project bank developed by Investment Board Nepal (IBN) comprising around 50 viable infrastructure projects and investment would be sought in those projects.
The organizer has also planned to collect various infrastructure ideas from different sectors of the communities to come up with a creative and an innovative ideas to solve the infrastructure related problems in the areas of transportation, irrigation, energy, housing, digital sectors.
The CNI organized the first infrastructure summit in November 2014.
