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Nepal Opens the Door for Indonesian Developers

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Government of Nepal opens doors as wide as possible for Indonesian developers who want to invest and build property projects in the country. Currently a country that has part of the area on the slopes of the Himalayas requires a lot of supply of homes and apartments, in addition to hotels and hospitals. The Honorary Consulate General of Nepal for Indonesia based in Jakarta, said that he plans to bring in a number of national developers who joined Real Estate Indonesia (REI) to see the investment opportunities of property in the country of 28 million people.

Home needs in Nepal are still quite high with a higher selling price compared to Indonesia. “Some Nepal investors are also looking at Yogyakarta, especially the area around Borobudur temple, to build the hotel. According to the planned end of October or early November 2017, the Government of Nepal will hold a business forum of Indonesian and Nepal businessmen in Kathmandu which was immediately attended by the Prime Minister of Nepal Sher Bahadur Deuba , “Said the man who is also a national property entrepreneur from West Sumatra who led Riyadh Group and Secretary of the REI Consideration Board.

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