Narayan Chaulagain Leads UNDP Viability Gap Funding (VGF) Guideline 2024–2025 for Investment Board Nepal
Kathmandu, Nepal — Infinity Partners is proud to highlight the key contribution of its Managing Partner, Narayan Chaulagain, who served as the Legal Expert for the prestigious UNDP-led Viability Gap Funding (VGF) Operationalization Guideline project.
Project Details:
UNDP Led Project (Viability Gap Funding Guideline)
Engagement Period: 2024–2025
Under the United Nations Development Programme (UNDP) project “Developing Capacity for Enhancing Large-scale Investment in Nepal”, Narayan Chaulagain was engaged by the Office of the Investment Board Nepal.
Scope of Work Delivered:
- Reviewing and updating the draft Viability Gap Funding Operationalization Guideline
- Aligning the guideline with Nepal’s existing laws and policies
- Incorporating international best practices
- Establishing clear procedures for VGF eligibility, application, approval, and disbursement
The final report has been successfully submitted to UNDP.
Strategic Importance
This guideline is expected to play a vital role in bridging the viability gap for large-scale infrastructure and development projects in Nepal, making them more attractive to private and foreign investors. Narayan
