The Information Technology Park (commonly known as Info Tech Park or IT Park),

Nepal Nepal, officially the Federal Democratic Republic of Nepal, is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain. It borders the Tibet Autonomous Region of China Ch ...

's only

Information Technology Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Inf ...

Park, is situated between

Banepa Banepa () is a municipality and historical town in a valley situated at about above sea level in central Nepal which is at about east from Kathmandu. At the time of the 2021 Nepal census, it has a population of 67,690. The main attraction of B ...

and

Panauti Panauti () is a municipality in Kavrepalanchok District in Bagmati Province of Nepal 32 km southeast of the capital, Kathmandu. A medieval architectural complex there was nominated by the Nepalese government as a UNESCO tentative site in 199 ...

of Kavrepalanchowk District,

, although it comes under Panauti Municipality. It lies about northeast of the capital city

Kathmandu Kathmandu () is the capital and largest city of Nepal, situated in the central part of the country within the Kathmandu Valley. As per the 2021 Nepal census, it has a population of 845,767 residing in 105,649 households, with approximately 4 mi ...

History

The Information Technology Park was completed in April 2003 with a total investment of NRs. 270 million (~ million USD). The initiation of the Park was formally done by an American company IBM but it left after nine months. Javra Software Company from the

Netherlands , Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...

had also started work but it too left, stating technical reasons and shifted to

. By July 2014, it has not come into operation, as a result of which the

Government of Nepal The Government of Nepal () is the central executive authority of the Federal Democratic Republic of Nepal. The government is led by the Prime Minister of Nepal, prime minister (K. P. Sharma Oli, K.P. Oli since 15 July 2024) who selects all the o ...

is missing millions of rupees in

revenue In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some compan ...

. The government has formed a department named the Department of Information Technology for the socio-economic transformation to form a developed country.

Aims and objectives

The IT Park was established under the

Ministry of Industry A ministry of trade and industry, ministry of commerce, ministry of commerce and industry or variations is a ministry that is concerned with a nation's trade, industry and commerce. Notable examples are: List *Algeria: Ministry of Industry and ...

, for the development and promotion of information technology and services in the country. It has been said to be providing employment opportunities to about 15,000 technicians after the full range of operations of the IT Park. It has aimed to provide government services by maximizing the use of information and technology.

Land and distribution

The Park has been distributed within the area of 235 Ropanis () consisting of a commercial building, an administrative building, four residential buildings and a security building built by investing NRs. 500 million (~ million USD).

References

External links

* {{Official website, https://doit.gov.np, Department of Information Technology Information technology in Nepal Buildings and structures in Kavrepalanchok District Science parks in Nepal 2003 establishments in Nepal