Policy reforms will be made for a global unicorn company in Nepal: Prime Minister
Summary
Prime Minister Balendra Shah says Nepal will streamline regulations and taxes to support game development and IT companies, aiming to help Nepali businesses expand globally and become unicorns. He said the government will work with the private sector and relevant agencies to strengthen the ecosystem for IT products and gaming exports.
Key Points
- Prime Minister Balendra Shah said Nepal will assess and simplify regulations to support the growth of game development and the IT sector.
- He cited Nepali-developed games such as Ludo and Callbreak as examples of globally recognized products with strong international downloads.
- The government plans to improve taxation, reinvestment opportunities, and rules related to international income for IT companies.
- Support will also come through game jams, startup events, hackathons, and coordination with the Rastra Bank and Ministry of Finance.
