Around Nu 166 million (mn) worth of copper cables were damaged in a fire that broke out on 21st February at the storehouse of the Punatsangchu Hydropower Project I on the way to Basochhu. The fire occurred at the project’s storehouse at around 11 am to 12 pm, as reported …
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Construction and industry to remain key drivers Bhutan’s economy is projected to grow by 6.86 percent in 2026, moderating from an estimated 8.71 percent in 2025, according to the latest domestic economic outlook. The slowdown is largely attributed to an expected deceleration in the industry sector, particularly as growth in …
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Service sectors continue to perform strongly, but overall growth is expected to moderate to 5.82 percent, down from the earlier projection of 6.21 percent for 2025, according to the macroeconomic outlook from the Ministry of Finance (MoF). The downward revision is mainly due to the hotels and restaurants subsector, which …
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Two memoranda of understanding (MoUs) were signed during the Invest Bhutan Summit for the proposed Greenovation Center, a national innovation and green digital infrastructure initiative planned in Shaba, Paro. The first MoU was signed with Rishabh Kumar S, Founding Partner of BizStreet, based in Gurugram, India, who will act as …
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An MoU was signed at the Invest Bhutan Summit between Singye Namgyal, founder of Himalayan Agarwood, and Surya Narayanan Ramachandran of Fouad Alghanim & Sons Group of Companies, marking the start of a proposed Foreign Direct Investment (FDI) partnership for commercial agarwood cultivation in eastern Bhutan. The project plans to …
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At the Invest Bhutan Summit, Druk Holding & Investments (DHI) presented its proposal for the establishment of a large-scale, AI-ready data center in Bhutan, positioning the project as a strategic investment aligned with the country’s renewable energy strengths, and emerging role in digital infrastructure. The proposed AI Data Center is …
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A total of six Memoranda of Understanding (MoUs) and two partnerships were signed between Bhutanese businesses and foreign investors at the Bhutan Invest Summit held on 12th and 13th February. FDI Registration Certificate and an in-principle approval were issued to Drugyal Selchu, a bottled drinking water manufacturing company based in …
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Druk Green Power Corporation (DGPC), at the recent Invest Bhutan Summit, proposed financing needs of Nu 2.192 trillion (1000 billion = 1 trillion) for power generation and Nu 62 billion for transmission infrastructure. The proposed funding will be used to finance planned solar and hydropower projects in the pipeline to …
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Druk Holding and Investments (DHI) pitched a green hydrogen facility powered by renewable hydropower at the Bhutan Investment Summit. Phase I of the project will focus on green hydrogen production through electrolysis using renewable electricity, while Phase II will expand into downstream products, including green ammonia (NH₃), urea, methanol, and …
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Druk Holding and Investments (DHI) is planning a magnesium production project aimed at producing refined magnesium ingots with an annual capacity of 10,000 tons using the Pidgeon process. The project is positioned as Bhutan’s first large-scale magnesium value-addition initiative. The project is currently at the feasibility study stage. The envisaged …
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The Bhutanese Leading the way.
