Nepal is a beautiful landlocked country situated in South Asia and is bordered by China in the north and India in the south, east and west. Nepal has a diverse geography, including fertile plains of the Terai, subalpine forested hills, high snowcapped mountains with eight of the world's fourteen highest mountains above 8,000 meters including Mount Everest, the highest point on Earth. Nepal is a multi-ethnic, multi-religious, multi-cultural and multi-lingual state, with Nepali as the official language. Kathmandu is the nation's capital and the largest city.
The current population of Nepal is 29 million people, and the official estimate for Nepal's GDP is $41.21 billion with GDP per capita in Nepal at $1,412 when last recorded.
The United Nations General Assembly has adopted a resolution to endorse the graduation of Nepal from an underdeveloped country to a middle-income developing country by 2026.
The economy of Nepal faces challenges in diversification and is currently largely dependent on agriculture and remittance. Remittance is an important factor of economic development in Nepal, and has emerged as a backbone of Nepal's economy in the last two decades.
Likewise, Government of Nepal's priorities over the years have been the development of transportation, communication facilities, hydropower, agriculture, and industry. Tourism is one of the largest and fastest-growing industries in Nepal, employing more than a million people.
Aiming to achieve sustainable and equitable economic growth, JICA is providing assistance to construct roads, hydropower plants, water supply and sanitation facilities and other infrastructures. JICA's Basic Policy of Assistance for Nepal includes three pillars of cooperation as follows: (1) economic growth and poverty reduction, (2) disaster risk reduction and climate change measures, and (3) governance and strengthening democracy.
|December 23, 2022||Signing of Investment Agreement for "Impact Investment Promotion Project" in Nepal (Private Sector Investment Finance)|
|December 23, 2022||JICA Nepal Newsletter Dec 2022 issue|
|December 13, 2022||"Development of Nepal is always a priority for JICA" - Dr. Junichi YAMADA, Executive Senior Vice President of JICA|
|December 6, 2022||JICA to support program for elevating International Migrants|
|September 30, 2022||JICA hands over newly constructed multi-hazard resilient school building in Hetauda, Makwanpur|
|December 21, 2022||Signing of Investment Agreement for “Impact Investment Promotion Project” in Nepal (Private Sector Investment Finance): Supporting industrial development, employment creation, and renewable energy development through investment in Dolma Impact Fund II|
|December 13, 2022||Signing of Record of Discussions on Technical Cooperation Project with Nepal: Career development and entrepreneurship support for returnees from Japan|
|September 22, 2022||Signing of Japanese ODA Loan Agreement with Nepal: Contributing to the stable and efficient distribution of electricity in urban areas through improvement of the transmission and distribution system|
|September 22, 2022||Signing of Grant Agreement with Nepal: Contributing to the improvement of agricultural productivity through rehabilitation of irrigation facilities in the Eastern Terai area|
|March 10, 2022||Signing of Grant Agreement with Nepal:Contributing to improving access to clean, safe water in Biratnagar City|