Overview
Sudurpaschim
Investment & Development Summit 2025
- ICT Sector: Pioneering Digital Transformation
& Innovation in Nepal’s Far West
Why
Invest in Sudurpaschim’s ICT Sector?
- Dynamic Frontier: Sudurpaschim is a rapidly emerging hub for
digital transformation.
- National
Alignment: Aligns with Nepal's
"Digital Nepal Framework" and "IT Decade" (2024-2034).
- Economic Impact: ICT sector projected to contribute 1.94% to
Nepal's national GDP in FY 2024/25, showing consistent growth.
- Key Advantages: Young, skilled workforce and strategic digital
inclusion drive.
- Investment
Opportunity: Unparalleled
opportunities for visionary investors to shape Nepal's digital future and
achieve substantial returns.
Key
Strengths & Untapped Potential: Bridging Divides, Fostering Innovation
- Expanding Digital
Infrastructure & Connectivity:
- Nationwide Fiber
Expansion: Nepal Telecom's fiber internet now reaches all 77 districts,
boosting high-speed connectivity.
- High Mobile
Penetration: Over >90% 3G and >88% 4G population coverage provides
a robust platform for digital services.
- Untapped Rural
Potential: Vast, underserved markets in areas offer significant growth
opportunities for innovative solutions.
- Government Vision
& Strategic Frameworks:
- "Digital Nepal
Framework": Comprehensive national strategy for inclusive growth and
e-governance.
- "IT
Decade" (2024-2034): National commitment to transform Nepal into a
regional ICT hub, aiming for NPR 3 trillion in exports and 1.5 million
jobs.
- Emerging Digital
Adoption & Human Capital:
- Increasing Digital
Literacy & Adoption: Rising household internet usage and digital
payment adoption.
- Young & Dynamic
Workforce: A large, tech-savvy youth demographic, with growing enrollment
in IT programs from institutions like Far Western University.
- Cost-Effective
Operations: Highly competitive labor costs compared to global outsourcing
hubs.
Market
& Demand: Fueling Digital Transformation Across Sectors
- Soaring Domestic
Demand:
- E-governance &
Public Service Delivery: Growing need for online government services.
- Digital Education
& E-learning: Strong demand for accessible platforms and digital
literacy.
- Fintech Adoption:
Rapid growth in mobile banking, e-wallets, and QR code payments.
- Smart City
Solutions: Interest from municipalities like Dhangadhi and Mahendranagar
for urban digitalization.
- Global &
Regional Opportunities:
- Business Process
Outsourcing (BPO) & IT-Enabled Services (ITES): Attracting global
companies seeking cost-effective locations with skilled, English-speaking
workforces.
- Software Export:
Opportunities to develop and export custom software, web, and mobile
applications.
- Cybersecurity
Services: Critical and growing demand for robust cybersecurity solutions.
Strategic
Investment Opportunities: Igniting Innovation and Connectivity
Sudurpaschim
offers fertile ground for investments across key ICT areas:
- Software
Development & IT Services:
Custom software, cloud computing, IT consulting.
- Business Process
Outsourcing (BPO) & IT-Enabled Services (ITES): Call centers, data entry, KPO.
- Digital Education
& E-learning: Platforms,
smart classrooms, digital literacy programs.
- E-governance &
Smart Solutions: Public service
platforms, smart city technologies (Dhangadhi, Mahendranagar), digital
identity.
- Fintech &
Digital Payments: Mobile
wallets, digital lending, blockchain applications.
- Cybersecurity
& Data Protection: Threat
detection, data privacy solutions.
- Rural Digital
Connectivity: Broadband
expansion, community internet centers.
- IT Parks &
Innovation Hubs:
- IT Park: Modern facilities to attract tech companies.Potential
Locations: Godawari (Kailali - provincial capital), Attariya
(Kailali) etc.
- Data Center
Project: Robust data storage
and cloud services.Potential Locations: Rural areas near
Dhangadhi/Attariya (Kailali), Mahendranagar (Kanchanpur) etc.
- Technology Institute
(Information and Biotechnology):
Academic and research institutions.
- Potential
Locations: Mahendranagar
(Kanchanpur, near Far Western University), Dhangadhi (Kailali).
Provincial
Government Support & Incentives: Your Unwavering Partner in Prosperity
Sudurpaschim
Province is committed to fostering a conducive environment for ICT investment:
- Policy Reform: Active review and reform of policies to
streamline investment.
- Dedicated One-Door
Investment Processing:
Envisioned "Investment Board/Corporation of Sudurpaschim" for
single-point investor facilitation.
- Streamlined
Business Registration:
Commitment to expediting registration processes (proposals for as little
as three hours).
- Long-Term Land
Allocation on Lease: Provisions
for IT parks and large-scale infrastructure.
- Complementary
Provincial Tax Incentives:
Proposed exemptions for 5 to 15 years, enhancing federal incentives.
- Public-Private
Partnership (PPP) Promotion:
Robust framework for private sector participation.
- Human Capital
Development Focus:
Collaboration with educational institutions for skilled workforce
development.
Join
the Movement! Innovate the Future. Invest in Sudurpaschim’s ICT Sector.
Seize
this unparalleled opportunity to invest in Sudurpaschim’s dynamic, burgeoning
ICT sector and become a pivotal architect of Nepal’s transformative digital
revolution. This is a unique, strategic opportunity to contribute meaningfully
to sustainable development while realizing substantial, enduring returns in a
rapidly emerging, high-potential market. The time to act is now!
For
more details, contact: Secretariat
of Sudurpaschim Investment and Development Summit 📞 +977-091-523232 📧 inv.devsumitsupa@gmail.com /
invest@sudurppashchim.gov.np 🌐 https://invest.sudurpashchim.gov.np/
