Bhutan construction of the Information Technology Park in Thimphu

The construction of the Information Technology Park, the Thimphu Tech Park, is on track. According to officials working for the project, about 50 percent of the construction works have been completed. The IT Park is expected to be operational by September this year.

Yesterday, a delegation from the World Bank led by the vice president for South Asia, Isabel Guerrero, visited the site to review the progress.

The park is being developed on five acres of land in Wangchutaba, a few kilometers south of the capital Thimphu.

Manju Haththotuwa, the advisor, said “it will generate jobs, help bring in foreign direct investments, and make Bhutan an IT based society.”

It is expected to create 700 direct and 2,800 indirect jobs in the next five years.

It is being developed by Thimphu Techpark private limited, a joint venture of Druk Holding and Investment, and Assetz, a property development firm which is based in India and Singapore at a cost of over 10 million US dollars.

Source: BBS