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FNCCI to host regional meet of CACCI in October

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KATHMANDU, July 29: With the objective of bringing in foreign investment and promote local industries, the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is hosting 26th Confederation of Asia-Pacific Chamber of Commerce and Industry (CACCI) Conference in the capital.



Speaking at a media briefing on Sunday, FNCCI officials said the event will be organized from October 3 to 5.[break]



CACCI, a regional grouping of national chambers of commerce and industry in Asia and the Western Pacific, has 29 chambers of commerce and more than 3 million entrepreneurs under its umbrella.



The event, which is expected to see participation of around 300 leading entrepreneurs and government officials from Asia-Pacific, will have breakout session, business to business meeting and MoU signing with interested chambers for cooperation.



Bhaskar Raj Rajkarnicar, first vice-president of FNCCI, said the breakout session will feature sessions on tourism, construction and contracting, food and agriculture, water and energy, SME development and ICT, among others. “Each of the session will feature invited speakers and panelist who will share their view on trends and development and prospects for growth in the region,” he added.



FNCCI plans to organize one-on-one business matching session between CACCI delegates and Nepalese representative from various industry and services sectors to provide both sides a platform to explore possible opportunities for business, trade and investments.



“The program is being organized in Nepal after our repeated efforts," Pradeep Kumar Shrestha, executive member of CACCI, said. He also said the event would be an important platform for expanding business network and finding potential partner for joint-ventures.



The event will also see participation of around 100 Nepali entrepreneurs. Omraj Bhandari, coordinator of the event, said the conference will feature a special session on investment opportunities in Nepal which will be chaired by Prime Minister Dr Baburam Bhattarai.



The organizers are also holding a golf tournament at the sidelines of the event. “We are hopeful that the tournament would help promote Nepal as a golfing destination," added Shrestha.



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