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Enewspolar The Diplomat Nepal
3 sources · 3 articles
Started 6 days ago · Updated 6 days ago

Nepal Explores Data Centre Development Amidst Digital Infrastructure Push

Photo · diplomatnepal.com

Nepal is actively pursuing the establishment of data centres, with both government and private sectors showing positive engagement. The government is considering feasibility studies for foreign direct investment in data centre construction and plans to gauge multinational company interest, aiming to position Nepal as a regional data hub. Investors are encouraged by government initiatives and Nepal's potential advantages, such as its climate and increasing electricity production.

  • The government is developing a plan to study the interest of multinational companies in data centres in Nepal.
  • Finance Minister Dr. Swarnim Wagle has assured investors of necessary government support for data centre construction.
  • Minister for Information and Communications, Dr. Bikram Timilsina, indicated that a feasibility study would be conducted on attracting foreign direct investment for data centres.
  • Some Nepali businesspersons announced plans on April 24 to build a Tier-4 hyper-scale data centre in Kathmandu and Birgunj with an investment of approximately Rs 5 billion.
  • Investors cite Nepal's temperate climate and increasing electricity production as factors attracting foreign companies.

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Bikram Timilsina Birgunj Swarnim Wagle Bechuten Data Vault Kathmandu

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