The program participants called for the creation of investment-friendly environment for the private sector
The United Nations Development Programme (UNDP) organized a special program on November 21, 2017 to discuss the Sustainable Development Goals (SDGs) of Nepal.
The program, organized in collaboration with the Embassy of Republic of Korea (RoK) in Nepal, witnessed the participation of various representatives from the concerned organizations.
Speaking on the theme, “Role of private sector for sustainable development”, the representatives stressed on the need for public-private partnership for achieving SDG goals of Nepal.
Global Compact Nepal Vice-Chair Pradeep Vaidya called for public-private partnership for progress in Nepal’s SDG targets.
Highlighting the role of private sector, the representatives called for the creation of investment-friendly environment for the private sector to contribute to the country’s efforts to alleviate poverty.
While stating that Nepal holds good potential in various sectors such as agriculture, among others, the participants urged on the need for drawing foreign investment in Nepal.
In his address at the program, the National Planning Commission Vice-Chair Dr Swarnim Wagle informed that the local governmental policies and regulations are also in line with the Nepal’s UNSDG goals.
“Nepal has witnessed significant improvements in the areas of health and education in the recent years and the government is doing a role of facilitator to promote domestic and foreign investment in big projects,” he added.
Meanwhile, the Secretary at the Ministry of Industry Yam Kumari Khatiwada informed that the government has created a friendly environment to ensure skill development and employment at home.
RoK’s Ambassador for Nepal Park Young-Sik felt agriculture, tourism and hydropower sectors are key for Nepal’s SDGs.
UNDP Resident Representative in Nepal Valerie Julliand called for special focus on economic growth for attaining SDG goals.