Korean delegation studying investment prospects in Nepal

A delegation of Korean private sector has expressed interest to invest in Nepal´s hydropower and infrastructure projects.
The four-member delegation, which is in Kathmandu to study the prospects of investment in Nepal, met with the officials of Federation of Nepalese Chamber of Commerce and Industries (FNCCI).
“Yon Yong Suk, chief executive of Office of ILIJIN International Company Ltd, Korea and Bhaskar Raj Rajkarnikar, vice president of FNCCI lead the discussions between two parties,” reads a statement of FNCCI.
According to the release, Suk said the Korean investors are interested to invest in Nepal´s hydro sector. "I am hopeful that this discussion will pave the way forward for to us to invest in Nepal,” the release quoted Suk as saying in the meeting.
Sharing the vision of Investment Year 2012/13 among the Korean delegates, Rajkarnikar requested Korean investors to come to Nepal.
“The government is also formulating policies that are friendly for both domestic and international investors. This is why I request you to come here with investment,” Rajkarnikar told the Korean delegates.