Fri, Oct 13, 2017

Nepal: A Himalayan Corridor of Economic Potential

Nepal, despite its mix of political uncertainties and a volatile past, is a land that may tick a number of positive boxes for an investor. In researching Nepal, chances are that one is likely to read mostly about political tensions, earthquakes, monarchy, and Maoism.What one might miss out on is the manner in which local communities revived the region after devastating earthquakes in the absence of a formal government. It is also easy to forget that Nepal is one of the few places in the region where military conflicts have subsided and peace reigns. What isn’t featured anywhere is the local can-do attitude, evidenced in the recently improved traffic situation in Kathmandu after the arrival of a new traffic chief.

Likewise, both local Nepalis and Western expats working in Kathmandu increasingly share an optimism about Nepal’s future as a promising marketplace nestled between two of the largest economies in the region. In fact, Nepal has been ranked as the third fastest growing economy in the world in 2017.The present and its future, more than its past, make Nepal a corridor with potential for economic growth. And more certain than the landing at Lukla

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