Regus hits a century with its launch in Nepal

Regus, the world's largest provider of flexible workspaces, has opened up an important and exciting emerging economy in Asia, by launching its first business centre in Nepal. The launch brings the Regus global network of workspace to 100 countries - that's 100 different markets where businesses can explore new opportunities without upfront capital investment or long-term risk, by using Regus' flexible workspaces.

Nepal, with a government eager to encourage foreign investment through measures such as trade agreements and investment protection pacts, is an exciting new business prospect for firms in many sectors. Its low wage costs and operating capacity also make it an attractive business environment, and it is increasingly drawing in investment from countries such as China. The opening of the Regus centre in Kathmandu, Nepal's industrial and commercial hub, provides a flexible and convenient springboard for companies to thrive in this market.

Nepal has good economic relationships with both neighbouring China and India, as well as with the US and the EU, and it has enjoyed steady rises in GDP, of around 4% annually this decade.[1] There are business opportunities across multiple sectors, with the greatest areas of capital investment being manufacturing, energy, tourism, minerals, construction and agriculture.

Mark Dixon, Chief Executive of Regus plc, commented: "The expansion of the Regus network to 100 countries is momentous. In every market where we operate, we create new opportunities for both local and international businesses. In country after country, we're making it ever more feasible and affordable for businesses to achieve their growth and export ambitions.

"And Nepal is an excellent place for our 100th country: it's an exciting and young economy in an exciting region, ripe with opportunities in different sectors. Many people and businesses will benefit from our launch in Nepal - whether they're working in energy, tourism, mining or many other sectors. We look forward to working with these businesses to help create growth and employment in a highly attractive emerging market - just as we do in 99 other countries globally."

About the centre

Regus has opened its first business centre in Kathmandu at Trade Tower Nepal, an elegant commercial complex at the heart of Nepal's capital. It's close to the offices of international and national companies, banks, and government departments, and easily accessible from all parts of the city. With round-the-clock security, it's an impressive and secure base for international and local companies.

The Regus centre offers business-ready office space, meeting rooms and a walk-in business lounge, all available on flexible terms from a day to a year. There is secure, high-speed internet throughout, and multilingual administrative support and reception services. All of this can be accessed with a simple one-page agreement and no upfront capital expenditure.

[1] "Nepal GDP Annual Growth Rate", Trading Economics, June 2013.