National symposium on public-private partnership kicks off in Kathmandu

Kathmandu, Oct 23 : Nepal Prime Minister Prachanda inaugurated the National symposium on Public-Private Partnership (PPP) here on Wednesday.

Addressing the opening ceremony of the symposium, Prachanda said the model of PPP is the best alternative for the development of Nepal. We not only need peace but also an economic development to sustain that peace.

"The PPP was required to build big projects so that local people can themselves emulate the model in building small and medium size development projects," he added.

Prachanda also called for change in the mindset and culture in line with the political change in the country.

President of Federation of Nepalese Chamber of Commerce and Industry (FNCCI) Kush Kumar Joshi urged the government to have conceptual clarity about the PPP.

The main aim of the symposium which has been jointly organised by the Federation of Nepalese Chamber of Commerce and Industries (FNCCI), the Ministry of Local Development and the United Nations Development Programme (UNDP) is to promote private sector's investment in economic development.

There will be group discussion on the issue of public-private partnership for rapid economic development in Nepal at the conference.

Organisers said the symposium will mainly focus on the possibilities of public and private partnerships in six areas of interest that includes tourism, local development, education, health sectors, agriculture and infrastructure development.

Apart from politicians, businessmen and intellectuals from Nepal, representatives from India and Thailand also shared PPP experiences at the symposium, Nepalnews reported.

ANI