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Started 1 week ago · Updated 1 week ago

Nepal Focuses on Data Centre Economy Amid AI and Digital Expansion

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Nepal is increasingly focusing on developing its data centre infrastructure to capitalize on the growing digital economy, driven by AI and expanding digital services. Nepali entrepreneurs are investing significantly in hyper-scale data centres, with the government signaling support for such initiatives. This strategic shift aims to position Nepal as a digital infrastructure hub.

• Nepali entrepreneurs announced the development of a Tier-IV hyper-scale data centre, "Bichuten Data World," with an estimated investment of NPR 5 billion, to be constructed in Kathmandu and Birgunj.
• Finance Minister Dr. Swarnim Wagle has engaged with investors of Bichuten Data World, assuring government facilitation for the project.
• The growing importance of data centres in Nepal is linked to the expansion of mobile-based banking, online government services, digital entertainment, widespread social media use, and the rising adoption of AI tools.
• Globally, countries like the United States and China are investing billions in data centres, recognizing their role in future economic power.
• Experts at a dialogue in Kathmandu emphasized the prudent and responsible use of artificial intelligence in higher education, calling for timely government policies to prevent misuse.