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dam-l US-Nepal investment forum in Calcutta
>
>Subject: Nepal hydro, etc.
>
>Nepal to participate in US investment forum in Calcutta
>Date: Tuesday, December 09, 1997 9:57AM
>Nepalese Foreign Minister Kamal
>Thapa left Kathmandu for Calcutta Tuesday to attend a US investment
>forum in India, officials said.
> Thapa led a 21-member delegation to the forum which begins
>Wednesday in Calcutta, West Bengal, they added.
> Also at the forum will be US Commerce Secretary William Daley,
>currently on aa week-long visit to India.
>...
> The forum, "US Investment Summit: The Emerging East," will allow
>US corporate giants like Enron, Pfizer, Whirlpool, ABB, General
>Electric and Prudential Co., to explore investment opportunities in
>the South Asian region.
>
>
>Organization: Copyright 1997 by Agence France-Presse
>
>
> KATHMANDU, Dec 9 (AFP) - Nepalese Foreign Minister Kamal
>Thapa left Kathmandu for Calcutta Tuesday to attend a US investment
>forum in India, officials said.
> Thapa led a 21-member delegation to the forum which begins
>Wednesday in Calcutta, West Bengal, they added.
> Also at the forum will be US Commerce Secretary William Daley,
>currently on aa week-long visit to India.
> Daley is heading a 33-member delegation of business executives,
>the largest ever delegation abroad led by a US Secretary of
>Commerce.
> Nepal will be detailing its vast hydropower potential to US
>investors.
> US power giant Enron has already submitted a number of proposals
>to the Nepalese government.
> Despite Nepal's enormous power potential to generate 83,000
>megawatts of electricity from its perennial glacier-fed rivers, it
>has so far been able to tap less than 300 megawatts of power.
> The forum, "US Investment Summit: The Emerging East," will allow
>US corporate giants like Enron, Pfizer, Whirlpool, ABB, General
>Electric and Prudential Co., to explore investment opportunities in
>the South Asian region.
> The Nepalese team is also scheduled to attend panel discussions
>on infrastructure, energy, financial services and information
>technology in addition to making a special presentation on projects
>for investment in this Himalayan kingdom.
> Thapa is accompanied by Nepalese Ambassador to India Bhekh
>Bahadur Thapa, Acting Vice Chairman of National Planning Commission
>Raghab Dhoj Pant and the secretaries of the finance and water
>resources ministries among others.
> "We are keen to get export-oriented technology industries," said
>Pant, who will be presenting a 'Vision Nepal' paper to explain why
>Nepal is an attractive investment centre.
> "World's two most populated countries are our neighbours and we
>are increasingly enjoying better access into these markets," Pant
>said. "Increasingly, Kathmandu holds great promise as an off-shore
>financing and banking centre."
> -=-=-
>