Minister Sharma urges private sector to prepare IT sector plan and projects

Kathmandu- Minister for Communications and Information Technology, Rekha Sharma, has appealed with the private sector to remain prepared with plans and projects in IT sector for the upcoming Investment Summit.

The Minister said so in a meeting with the representatives of the Confederation of Nepalese Industries’ IT Council, the American Chambers of Commerce in Nepal and Nepal Association for Software and IT Services Companies. According to her, it was necessary to present the investment plans and programmes in the IT sector in the as in other sectors in the Investment Summit and urged the entrepreneurs to come up with project and plans in IT sectors.

Underscoring the need for setting up Project Bank in the IT sector, Minister Sharma requested the private sector to furnish suggestions on what can be done in the IT sector regarding government’s policies, programme and budget. According to her, although the government had adopted digital transformation as its strategy since the implementation of the Digital Nepal Framework, in lack of common vision towards IT sector there was no conducive environment for investment in IT sector. Thus, she emphasized forging common understating towards IT among government and private sector and at people’s level.

“There should not be delay in identifying investors and human resources in IT sector,” she said, calling for cooperation from private sector to ensure prosperity in the country through digital transformation. The Minister informed that laws on IT and cyber securities were in the offing. Similarly, the representatives pressed for creating an enabling environment to attract huge investments in IT sector. Indicating towards tremendous possibilities of the country’s IT sector, they also drew the attention of the Minister towards formulation of necessary laws and develop infrastructures accordingly.

Calling for common understanding among the government agencies regarding IT and start-up enterprises, they pledged their cooperation to the government to foster country’s IT sector.