Money

Nepal Chamber Expo ends with over Rs50m in revenue

- ABHISHEK CHITRAKAR, Kathmandu

Dec 5, 2017-The 3rd edition of Nepal Chamber Expo concluded on Monday, recording transaction of more than Rs50 million.

The five day expo, which was organised by the Nepal Chamber of Commerce (NCC) in association with Korean Embassy in Kathmandu saw footfall of more than 50,000 visitors. The expo was also supported by the Ministry of Commerce and Trade and Export Promotion Centre.

There were a total of 225 which showcased a wide range of products from 8 different counties like South Korea, Thailand, India, China, Japan, Pakistan, and Bangladesh along with Nepal.

“We got a good feedback from visitors and people got to know about new products from various countries,” said NCC President Rajesh Kaji Shrestha.

According to the organiser, visitors from all walks of life attended the expo and most of the them bought jackets and clothes needed for winter.

The 3rd edition of the expo focused on business interactions, exchange of information on import and export and marketing Nepali products.

This year, South Korea was chosen as the partner country and Thailand as the focus country. Thai produces such as security locks, cosmetics, packed foods and coconut oils were displayed at the expo. There were 23 stalls from Korea and 15 stalls from Thailand at the expo.

According to Rastra Bhusan Chakubaji, coordinator of the expo, Thailand will be designated as the partner country next year. “There is a higher demand of cars showcased in the expo along with earthquake resistant panels in the form of construction materials,” added Chakubaji.

Most of the exhibitors said that they received good response from visitors. “We saw sales of around Rs20,000 everyday during the expo and people even revisited our stalls to buy more products,” said a sales person of Universe Beauty, a Thai cosmetic stall.

Products like automobile, electronic, flooring and furnishing, home appliances, fashion wear and accessories, mobile phone and gadgets, fast-moving consumer goods (FMCG) products, watches, food and beverage, books, leathers goods were on display during the expo. “We saw strong sales in the first two days of the expo which nearly emptied our stocks,” said Sujana Shakya, an exhibitor selling Thai FMCG products. “We also got offers from distributors and online shops,” she added. Recently launched products such as Ford’s new Ecosport, Samsung’s new QLED TV, Galaxy note 8 and Ssangyong’s Tivoli were on display at the expo.

Published: 05-12-2017 08:49

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