Information and Communications Technology Sectoral Analysis
Nepal’s information and communications technology (ICT) services are nascent, informal and centered in Kathmandu. The supply of skilled manpower is not well-oriented to the needs of ICT firms. Similar to other sectors, Nepal’s ICT sector also faces severe cross-cutting business climate challenges, the most critical relating to institutions and infrastructure. Limited access to finance and excessive barriers to foreign investment and foreign-exchange transactions also hamper the ICT sector. Reform efforts should focus on improving access to skills, infrastructure and finance, together with regulatory simplification. The education sector reforms are required to increase the pool of skilled manpower for the ICT sector. This report provides recommendations on key horizontal and cross-cutting challenges that are essential to develop the ICT sector in Nepal. Furthermore, it provides a strategic segment analysis applicable to a small number of niche ICT firms that can develop specialized software and services in focused sectors such as tourism and mountaineering.
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Format: | Report biblioteca |
Language: | English |
Published: |
World Bank, Washington, DC
2018-12
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Subjects: | GLOBAL VALUE CHAIN, INFORMATION AND COMMUNICATION TECHNOLOGY, BUSINESS ENVIRONMENT, ACCESS TO FINANCE, CURRENCY CONTROLS, LABOR SKILLS DEVELOPMENT, |
Online Access: | http://documents.worldbank.org/curated/en/635651556737705234/Sectoral-Analysis-Nepal https://hdl.handle.net/10986/31614 |
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Summary: | Nepal’s information and communications
technology (ICT) services are nascent, informal and centered
in Kathmandu. The supply of skilled manpower is not
well-oriented to the needs of ICT firms. Similar to other
sectors, Nepal’s ICT sector also faces severe cross-cutting
business climate challenges, the most critical relating to
institutions and infrastructure. Limited access to finance
and excessive barriers to foreign investment and
foreign-exchange transactions also hamper the ICT sector.
Reform efforts should focus on improving access to skills,
infrastructure and finance, together with regulatory
simplification. The education sector reforms are required to
increase the pool of skilled manpower for the ICT sector.
This report provides recommendations on key horizontal and
cross-cutting challenges that are essential to develop the
ICT sector in Nepal. Furthermore, it provides a strategic
segment analysis applicable to a small number of niche ICT
firms that can develop specialized software and services in
focused sectors such as tourism and mountaineering. |
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