Nepal invites UAE investment in Budhigandaki hydropower project

Nepal has officially invited the United Arab Emirates to invest in the Budhigandaki Hydropower Project as part of a broader initiative to strengthen bilateral economic ties. The proposal was extended on Saturday during a courtesy meeting in Abu Dhabi between Nepal's Home Minister Sudhan Gurung and the UAE Minister of State for Foreign Trade, Dr.

Thani bin Ahmed Al Zeyoudi. Beyond the hydropower sector, Minister Gurung proposed cooperation in agriculture, service industries, and security technology, while both officials discussed the modernization of security agencies.

According to Gurung’s secretariat, both nations expressed a willingness to exchange formal investment proposals and explore further collaborative opportunities. Minister Gurung, who arrived in the UAE on Friday to attend the World Police Summit, emphasized the importance of these bilateral discussions in fostering long-term economic and technological cooperation between the two countries.