KATHMANDU: Prime Minister (PM) Balendra Shah has said the government will introduce necessary policy and regulatory reforms to promote Nepal’s game development and information technology (IT) sectors, creating an environment for domestic companies to expand internationally and emerge as global unicorns.
In a social media post on Friday, Prime Minister Shah said the government would review existing regulations and requirements to facilitate the growth of the sectors.
He highlighted the international success of gaming applications developed by Nepali companies, citing Ludo, which has recorded approximately 200 million downloads worldwide, and Callbreak, with more than 150 million downloads. The Prime Minister also noted growing interest among young Nepalis in game development.
“We reached out to them to understand their challenges and discussed ways to simplify the game development sector and advance it as an industry. We have now begun groundwork to address their concerns,” Shah said.
He added that Nepal’s IT products and service exports were performing well and that the government was working to improve the business environment by reviewing policies related to revenue generation, reinvestment opportunities, taxation and international income.
Shah also said the government would invest in strengthening the broader ecosystem to support IT products and the gaming industry. Initiatives such as game jams, startup events and hackathons will be promoted, alongside regular consultations with stakeholders from the IT sector, Nepal Rastra Bank and the Ministry of Finance, he added.
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