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Billionaire from Nepal plans to invest in Kyrgyzstan

News of Central Asia 0

Bishkek, Jan. 12, 2018. /Kabar/. Binod Chaudhary, known as the only billionaire from Nepal, plans to open a business in Kyrgyzstan, Akchabar reported.

In March of this year, the businessman will again visit the country. Earlier, he took part in the International Snow Leopard and Ecosystem Forum, which was held in the Kyrgyz Republic last summer. According to sources, during the next visit Chaudhary will meet with representatives of domestic business, as well as with Prime Minister Sapar Isakov.

One of the goals of the visit of the Nepalese billionaire will be the presentation of his new book “Making it big, The Inspiring Story of Nepal's first billionaire”. It is published for the first time in Russian, and Bishkek will be the first city where the presentation will take place.

"Having visited Kyrgyzstan, I was struck by the beauty of nature, the majestic mountains and the industriousness of citizens. I am sure that my life of the entrepreneur will be interesting and useful for businessmen of your republic. I noticed some similarities of Kyrgyz business with the business in Nepal and I know what tools should be used for successful business development. That is why I chose the Kyrgyz Republic as the first country in which the book will be officially presented," Chaudhary said.

However, a more important mission of the entrepreneur from Nepal in Kyrgyzstan will be to study the local market for the further launch of business projects.

Binod Chaudhary is the only billionaire in Nepal who managed to build an empire of 80 companies in 11 different areas, which work in different countries. One of the main sources of income for the Chaudhary corporation is the Wai Wai instant noodles, which earns $ 300 million a year. Noodles Wai Wai occupies 90% of the market of noodles in Nepal and 2% in the global market. The company produces more than 2 billion packs of noodles a year.

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