Investment Board CEO Stresses Strategic Investment for Digital Economy Gains
Kathmandu. Sushil Gyawali, Chief Executive Officer of the Investment Board Nepal, stated that strategic investment is indispensable to reap sufficient benefits from the digital economy.
Addressing the Nepal-India Tech Forum 2026 held virtually in India, Gyawali mentioned that the digital economy holds vast potential.
He expressed the view that planned and long-term investment is necessary to materialize this potential.
Stating that Nepal is ready for the digital economy, Gyawali informed that the government has developed various legal, policy, and institutional structures, including the Digital Nepal Framework.
He mentioned that affordable energy could be available for infrastructure related to emerging technologies like Artificial Intelligence, there is potential for a tech-savvy youth workforce, and natural cooling systems are available in high hilly and Himalayan regions.
He expressed the view that Nepal could become an attractive global destination for investment in areas such as data centers and IT parks.
CEO Gyawali stated that parallel and systematic initiatives between the governments of Nepal and India, as well as the private sector, are necessary at the business level to increase investment in the digital economy, IT sector, and related fields to maximize benefits.
The event was attended by Additional Secretary of the Ministry of External Affairs of India, Munu Mahawar Ji, Nepal's Ambassador to India, Dr. Shankar Sharma, former Indian Ambassador to Nepal, Manjeev Singh Puri, and experts from various fields.
This specific news has been automatically translated by AI. As a result, there may be some inaccuracies or language errors.
