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.

Bibliographic Details

Main Author:	World Bank
Format:	Report biblioteca
Language:	English
Published:	World Bank, Washington, DC 2018-12
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
Tags:	Add Tag No Tags, Be the first to tag this record!