19th January 2025, Kathmandu
The Nepal Chamber of Commerce (NCC) has taken a significant step to boost Nepal’s IT sector by forming an IT Software and Technology Committee and announcing the development of an IT Center aimed at fostering innovation, supporting startups, and attracting investments.
Public-Private Partnerships Key
Key Initiatives
IT Center: Designed to be a hub for innovation and investment, the IT Center will act as a catalyst for the IT sector.
Public-Private Partnerships (PPP): Former NCC President Rajendra Malla emphasized that IT exports could surpass hydropower revenue, underlining the importance of PPPs.
Private Sector’s Role
NCC President Kamlesh Agrawal called for robust private sector participation to leverage Nepal’s declaration of the “Decade of Information Technology.” He also proposed the establishment of a public company to accelerate IT innovation.
Strategic Focus Areas
Cybersecurity expert and Vice President of the Federation of Computer Association Nepal, Chiranjibi Adhikari, outlined critical priorities for IT sector development:
Building a strong software development framework.
Increasing ICT sector investments.
Empowering startups for long-term sustainability.
Collaborative Vision
Bigyan Shrestha, Chair of the IT Software and Technology Committee, stressed the importance of collective efforts in showcasing Nepal’s IT capabilities on a global stage.
The NCC’s initiatives align with Nepal’s broader vision of digital transformation, focusing on innovation, job creation, and economic growth. The efforts aim to position Nepal as a global IT hub and drive the nation’s ambition to lead in the digital economy.
For more: Public-Private Partnerships Key
