AGP Executive Report
Last update: 12 hours agoBhutan Economic Transformation: Bhutan’s 2026-27 priorities were outlined in the State of the Nation report, with Nu 3.5bn targeted in FDI and plans to set up 100 new industries outside Thimphu/Chhukha, plus new tourism packages and a Red Panda Tourism Flagship in Haa aimed at 300,000 visitors. Hydropower & Growth: Bhutan’s GDP grew 30% since the start of the 13th Five-Year Plan, driven by hydropower capacity rising from 2,452MW to 3,576MW, with more projects resuming and targets to reach 25,000MW by 2040. Transport & Business Costs: Bhutan’s lending rate framework is under review with the RMA after concerns that high borrowing costs are slowing SMEs and investment. Public Works Accountability: The PAC flagged a systemic engineering and procurement capacity gap behind recurring irregularities in infrastructure projects. Industry & Trade Links: Bhutan and Singapore deepened agri-food trade with the opening of the first Mini Bhutan Market in Singapore. Energy Transition Industry Link: A Nagaland–Bhutan bamboo-to-biocarbon project is set to supply renewable biocarbon to decarbonize Bhutan’s ferrosilicon industry. Climate Risk Watch: ICIMOD warned that even with below-normal monsoon rainfall in the HKH, flash floods and landslides remain a serious risk due to intense bursts and water stress.
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