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By 2029, the digital economy will create 5,000 jobs and contribute $600 million to GDP
The national digital strategy, launched in July, outlines this goal.
Bhutan’s National Digital Strategic Vision for a Digital Economy and Digital People will have three priorities: Digital Governance.
Prime Minister Tshering Toki said on his social media that the national digital strategy will be used as a holistic approach to the digital revolution, economic development and public service delivery.
Of the Rs 10 lakh crore budget allocated in the 13th Plan, Rs 16.98 lakh crore will be allocated for digital economy, $514.819 billion will be allocated for digital governance and digital society funds and $610.65 million will be allocated for digital economy.
Likewise, digital infrastructure, enhancing elevator safety and research and development have also been allocated to the project.
The digital economy targets a GDP growth of Rs 300 lakh crore by 2020 and the contribution of digital economy to GDP will exceed Rs 600 lakh crore by 2034.
According to the strategy, the objectives are: Digitalization of industries and improvement of the digital ecosystem This will be achieved through three initiatives: Development of the information technology industry.
Eight companies have been identified as candidates for the temple’s license for automated ad collection and after-hours completion, with priority given to supplemental materials.
Other key initiatives include sustainable farming and animal husbandry for commercial agriculture, 3D digital applications, fitness experiences, online tourism, sustainable development, smart and health, and agriculture 10. There are also weather-challenged transport systems and data systems.
Positioned as a digital growth system, it will support digital marketing and development, innovation and business organizations in building a digital economy.
It includes the development of e-commerce, digital payment systems, and access to global markets, which are inevitable for a successful digital economy.
The strategy provides strong conditions for technology investment, financial mechanisms and creation of technology jobs, and the project will improve IT technology and establish an IT park on 100 acres of land in the country.
Key initiatives include information trade for information technology sales in the global market, increased integration of the education sector, and the business foundation of data service centers.
The implementation of the National Digital Strategy will be led by the Bhutan Government Technology Agency and will involve multiple activities, with different partners implementing each strategy.
Ugyen Dorje
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