Nepal and ADB Sign Loan Agreement for Digital Transformation Project
Summary
Nepal and the Asian Development Bank have signed a loan agreement to implement the Nepal Digital Transformation Project, focusing on digital infrastructure, environmental safeguards, and cyber security.
Key Points
- The Government of Nepal and ADB signed a loan agreement for the Nepal Digital Transformation Project.
- The project is co-financed by the World Bank and ADB, focusing on digital infrastructure with environmental and social safeguards.
- An e-waste management plan will be prepared and implemented to handle electronic and hazardous waste.
- The project emphasizes occupational health and safety, prohibits child and forced labor, and addresses gender-based violence prevention.
