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Nepal Invests is launched by CDC, FMO and SDC to accelerate investment in Nepal

Press Release,  19 March 2021

KATHMANDU: CDC Group, the UK’s development finance institution, FMO, the Dutch development bank and Swiss Agency for Development and Cooperation SDC have launched Nepal Invests, a platform that will drive increased investment into the country.

This group comprising of Development Finance Institutions (DFIs) and a Development Partner, will complement existing efforts to attract more investments and advance the development of the country, by channelling efforts to unlock the possibilities of investing patient, flexible capital to support private sector growth and innovation – helping to solve the biggest development challenges in Nepal.

The COVID-19 pandemic has challenged the world. For Nepal, it is clear that there will be significant economic pressure as a result of potentially volatile remittance inflows, and a surge in demand for finance at a time when the crisis has significantly reduced access and option of capital for SMEs. Nepal Invests will support the economic recovery from COVID-19 in multiple ways; partnering to address business environment challenges, exploring innovative ways to finance SMEs and increasing the skills and capacity of local investment professionals. These measures are designed to better prepare Nepal’s market for increased investment from development finance institutions, frontier players, and intermediate vehicles in order to support the medium-term economic recovery.

Nepal Invests represents a ground-breaking collaboration between DFIs and development partners in the country, reflecting shared objectives to support business growth, strengthen investment and accelerate Nepal’s economic recovery from COVID-19. The platform intends to mobilise additional supporting projects and contributions from other DFIs and development partners, whilst engaging closely with the needs of the Nepalese private sector.

Click here to download the Press Release. (PDF, 424.5 kB, English)

 

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Swiss contribution of CHF 19.4 million for Trail Bridges and Provincial and Local Governance Support Programme in Nepal

06.11.2019 — Press release Nepal
The Government of Switzerland has agreed to provide technical grant assistance of CHF 19.4 million (equivalent to Nepali Rupees 2.1 billion approx.) to the Government of Nepal to implement two programmes in the country. Out of the amount, CHF 9.4 million will be spent for the implementation of Trail Bridge Sector Wide Approach Framework III, and CHF 10 million, to implement the Provincial and Local Governance Support Programme (PLGSP). Agreements to this effect were signed and exchanged between Her Excellency, Ms. Elisabeth von Capeller, Ambassador of Switzerland to Nepal and Mr. Rajan Khanal, Secretary, Ministry of Finance, on behalf of their respective governments on 06 November 2019.







Invitation for Sealed Quotation

06.04.2018 — Local news Nepal
The Government of Nepal and the Government of Switzerland have initiated River protection Works and livelihood improvement in chitwan (rpwc) - Phase II, with an objective to make people of eastern Chitwan more resilient to water induced disasters and enhance their livelihoods.


Human Rights Day 2017

10.12.2017 — Press release Nepal
In exactly one year from today, on 10 December 2018, Switzerland together with the international community will commemorate the 70th anniversary of the Universal Declaration of Human Rights, which 70 years after its adoption, remains of unequivocal relevance. Human rights are a necessity for our societies, an invaluable ingredient to boost peace and stability and to foster sustainable development. Human rights are at the heart of the values represented by Switzerland and its political model, which is founded on the principles of democracy, non-discrimination, gender equality, peaceful coexistence, and mutual respect among people having different religious, linguistic, ethnic and cultural backgrounds. Switzerland calls upon its partners to join it in making this Human Rights Day 2017 a day of unequivocal relevance for the promotion and the protection of human rights.




Invitation for Sealed Quotation

23.02.2017 — Local news Nepal

The Government of Nepal and the Government of Switzerland have initiated "River protection an livelihood improvement in Chitwan (RPWC) - Phase II - Phase III", with an objective to make people of eastern Chitwan more resilient to water induced disasters and enhance their livelihoods. 


Swiss contribution to construct bridges to improve the all-weather accessibility in Nepal

26.01.2017 — Local news Nepal

The Government of Switzerland has agreed to contribute a total of CHF 9.9 million (equivalent approximately NPR. 1 billion) to Government of Nepal (GoN) to accelerate the construction of bridges and facilitate improved access through Motorable Local Road Bridge Programme (MLRBP), Phase III. The proposed phase will further build on the confidence of the GoN on the Swiss technical support and strictly follow the national labour standards during the construction works. The proposed phase is considered to be an expansion phase of 3.5 years from March 2017 to July 2020.

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