Introduction

Project Bank Innovation, Development, and Collaboration

Introduction

Project Bank Nepal aims to drive innovation, development, and collaboration by identifying and supporting at least one significant project from each municipality, rural municipality, metropolitan city, and sub-metropolitan city across Nepal. This initiative seeks to harness local potential, attract national and global investment, and foster sustainable development throughout the country.

Objectives

• Promote Local Development: Empower local governments to develop projects that address their unique needs and opportunities.

• Attract Investment: Facilitate investment from national and global sources to fund these projects.

• Foster Innovation: Encourage innovative solutions to local challenges, leveraging new technologies and best practices.

• Enhance Collaboration: Promote collaboration between local, national, and international stakeholders to ensure the success of the projects.

Project Selection Criteria

• Relevance: Projects must address significant local needs or opportunities.

• Feasibility: Projects should be realistic and achievable with available resources and investment.

• Impact: Projects must have the potential for substantial economic, social, or environmental benefits.

• Sustainability: Projects should promote long-term development and sustainability.