8th July 2025, Kathmandu
Nepal is on the cusp of a significant digital transformation thanks to a landmark $29 million investment. The International Finance Corporation (IFC), Standard Chartered Bank Nepal Limited (SCBNL), and WorldLink Communications Ltd. have partnered to dramatically expand Nepal’s broadband connectivity and establish state-of-the-art data infrastructure across the nation.
Nepal’s Digital Revolution $29M Investment
This strategic collaboration, which includes WorldLink’s subsidiary Data World Limited, aims to scale fiber optic networks and develop sustainable data centers, including Nepal’s inaugural EDGE-certified facility. These crucial initiatives will not only enhance internet access, particularly in remote areas, but also address Nepal’s increasing demand for data processing and storage solutions.
Dileep Agrawal, Founder and Chairman of WorldLink Communications, emphasized the profound impact of this partnership, stating, “Connectivity is the bridge to opportunity. This collaboration with IFC and SCBNL marks a cornerstone in building a digitally empowered Nepal.”
The investment strongly supports Nepal’s national digital objectives outlined in the Digital Nepal Framework and the 16th Five-Year Plan. These plans prioritize universal internet access, integrated digital infrastructure, and leveraging technology for economic growth.
Imad N. Fakhoury, IFC’s Regional Director for South Asia, reinforced this alignment, noting, “This investment aligns with Nepal’s vision for inclusive development. It will enhance access in underserved areas, create jobs, and fuel digital economic growth.”
Strengthening data infrastructure is key to fostering innovation and resilience. The new data centers will provide essential support for cloud computing, various digital services, and enterprise IT needs, all while upholding strict sustainability and environmental compliance.
Furthermore, the deployment of resilient fiber-to-the-home (FTTH) networks is set to significantly improve fixed broadband coverage nationwide. Vikram Kumar, IFC’s Director for Infrastructure and Natural Resources in Asia and the Pacific, highlighted this importance: “Reliable data infrastructure is vital for innovation and inclusive digital growth.”
Beyond infrastructure, this initiative actively promotes gender inclusion by encouraging women’s participation in the digital workforce, a key global priority for the IFC.
With WorldLink Communications already having generated over 5,500 jobs through its operations, this new investment is poised to further boost tech-based employment opportunities across Nepal. Gorakh Rana, CEO & Head of Coverage, SCBNL, underscored the national significance, stating, “Digital access is a national priority. Financing this infrastructure will unlock global opportunities for Nepal.”
About the Partners
International Finance Corporation (IFC): As a member of the World Bank Group, IFC is the largest global development institution focused on the private sector in emerging markets. In FY 2024, IFC committed a record $56 billion to private companies, contributing to market development and poverty alleviation.
WorldLink Communications Ltd.: Founded in 1995, WorldLink Communications Ltd. stands as Nepal’s largest internet service provider. Serving over 1 million households and connecting more than 7,500 locations nationwide, WorldLink is also pioneering green data centers and promoting digital inclusion.
Standard Chartered Bank Nepal Limited (SCBNL): Nepal’s sole international bank, SCBNL boasts an ICRANP-IR AAA rating for financial strength. As part of the global Standard Chartered Group, it is dedicated to commerce, prosperity, and sustainable banking practices, and is listed on the Nepal Stock Exchange.
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