Government flexible in Information Technology IT: Providing free offices to companies
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NEPSE trading
The government has announced that it will provide free office space to information technology (IT) companies. This initiative, revealed through the recent budget announcement, includes converting government buildings in Kathmandu and Butwal into IT parks where IT companies will have access to free workstations for up to three years.
These IT parks will be equipped with all necessary infrastructure to support the IT industry. Additionally, the budget has earmarked the establishment of a Knowledge Park in Khumaltar, Lalitpur.
Finance Minister Yubaraj Khatiwada also declared that domestically produced software will be prioritized for use within government agencies. Furthermore, the government has committed to ensuring internet access in all wards and community schools across the country.
This move is expected to foster the growth of the IT sector in Nepal, providing vital support to startups and established companies alike. The initiative aims to boost local software production and enhance digital literacy and connectivity nationwide. This step signifies a substantial push towards digital transformation and innovation in Nepal, aiming to position the country as a burgeoning hub for IT development and technological advancement.