What is the sectorial opportunity in ICT?

Nepal’s ICT sector is one of the fastest emerging sector in the country and has been prioritized for foreign direct investment. The Government of Nepal (GoN) has given special emphasis to Information Technology (IT) and Business Process Outsourcing (BPO) due to its high export potential. Owing to its large, young, skilled and low wage English speaking labor force, Nepal has a huge potential for BPO. Each year, approximately 5500 Nepalese graduates enter into the IT sector. In addition, the continual improvement in telecommunications and internet infrastructures acts a sector catalyst for investment in ICT.  For the development and promotion of Information Technology and Services in the country, an IT park has been established in two different places covering an area of 257 ropani land which can accommodate 150 computer engineers to work within the periphery.