ADB Vice-President Yang pays courtesy call on PM Prachanda

Vice-President (South, Central and West Asia) of the Asian Development Bank (ADB), Yingming Yang, paid a courtesy call on Prime Minister Pushpa Kamal Dahal ‘Prachanda’.

During the meeting held at the official residence of the Prime Minister at Baluwatar today, they discussed the issues of economic development of Nepal and upcoming investment summit, according to the Prime Minister Prachanda’s Secretariat.

On the occasion, PM Prachanda said Nepal is the appropriate destination for investment, adding there is ADB’s significant investment in Nepal’s physical infrastructure development.

He shared that Nepal would present effective and investable projects in the investment summit taking place in Nepal.

“The government has built an appropriate environment for investment by making legal and policy-level revisions. It is the best opportunity for investment in Nepal”, underscored PM Prachanda.

Stating that ADB was ready to invest in Nepal’s strategic projects, Vice-President Yang explained that the ADB would prepare a strategy to further invest in Nepal in the coming days.

Dr Rupak Sapkota, Foreign Affairs advisor to PM Prachanda, and high-ranking officials of ADB in Nepal were present on the occasion.