Mahendra K.Shrestha, Chairman, Himalayan General Insurance (HGI) Co. Ltd., announced establishment of a USD 20 million fund entitled Himalayan Heritage Hotel Fund. It has a vision of conservation, sustainability and economic prosperity which are all very close to the spirit of Himalayan Consensus. The fund seeks to bridge the gap between traditional hospitality and nancial sustainability, issues regarding long-term ecological balance and current global trends. The fund aims to invest in development and management of unique properties across the Himalayan region and harness the collective potential of the history and natural heritage combined with sound business, nance and technological support.