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

Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is mai ...

's only

Information Technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (I ...

Park, is situated between

Banepa Banepa ( ne, बनेपा) 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 2011 Nepal census, it has a population of 55,528. The ...

and

Panauti Panauti ( ne, पनौती) is a municipality in Kavrepalanchok District in Bagmati Province of Nepal located 32 km Southeast of the capital Kathmandu. The town is currently listed as a UNESCO tentative site since 1996. Origin Panauti i ...

Kavrepalanchowk District Kavrepalanchok District ( ne, काभ्रेपलाञ्चोक जिल्ला; ) is one of the 77 districts of Nepal. The district, with Dhulikhel as its district headquarters, covers an area of . It is a part of Bagmati Provinc ...

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

Kathmandu , pushpin_map = Nepal Bagmati Province#Nepal#Asia , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Province , subdivision_name1 = Bagmati Prov ...

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 ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

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

Kathmandu , pushpin_map = Nepal Bagmati Province#Nepal#Asia , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Province , subdivision_name1 = Bagmati Prov ...

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

Government of Nepal The Government of Nepal ( ne, नेपाल सरकार) is the federal executive authority of Nepal. Prior to the abolition of the Nepali monarchy in 2006 (became republic in 2008), it was officially known as His Majesty's Government. T ...

is missing millions of rupees in

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

. 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, http://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