Kathmandu. The government seems to be showing more interest in infrastructure development.

The government has participated in a press conference organized to inform about the Nepal Infrastructure Summit 2026, which is going to be a collaboration between the government and the private sector. Three ministers have participated in the program. Officials of the Prime Minister’s Secretariat are also present.

It is said that the sixth phase of the investment summit will be more focused on informing about the environment created for investment rather than bringing investment in Nepal. For this, the government has emphasized on the formulation of laws.

Law Minister Sobita Gautam said that the government is in the process of amending 59 laws for the sake of the conference. According to her, there are 494 sections of the law that are under amendment.

He said that the necessary work of these laws has been completed and the work of polishing them is pending. He said that it is the job of the Ministry of Law to polish them.

She informed that more than 54 laws have been taken to the cabinet. She said that 59 laws are in the process of being amended for the upcoming conference. She said that the necessary laws will be made for the construction of the country.

On the occasion, Finance Minister Dr. Swarnim Wagle said that the conference is being organized for big development. He said that investors will come to the conference but the question is what will happen after that.

He said that instead of saying that the government will do this in the conference, they are trying to show that it has done this work during the conference.

According to him, the Prime Minister is also very interested in the conference.

Wagle said that this government is going to do many reforms including economic reforms, legal reforms. He said that 65 laws were made in the last three and a half years and this government is now in the process of formulating 59 laws. He said that the private sector should be brought in the field of infrastructure construction.

On the occasion, Minister for Infrastructure, Water Resources and Irrigation Sunil Lamsal said that the formulation of 59 acts was in the final phase to create investment-friendly environment in the country.

He said that after that, the working procedure and guidelines will be made. These laws are on investment, infrastructure, tax, land and so on.

He said that he was not going to attract foreign investors in the investment summit this time.

According to him, the main goal of the investment summit this time is to show the laws prepared by the government, to inform about the formulation of these laws, to say that this law would make investment easier, to protect the workers, to guarantee the market and to show the laws ready to invest confidently.

He said that during this period, the authority of the Ministry of Finance has been given to other agencies.

He claimed that many acts have been amended to create investment-friendly environment and some amendments have been submitted to the Prime Minister’s Office. He said that it will also be ready before the conference. He said that the government has adopted a policy to use Nepal’s raw materials. He claimed that Nepali raw materials will be used in the construction work done by the government and private sector in Nepal. He said that the delay in the implementation of the project will also be reduced.