AGP Executive Report
Last update: 7 hours agoRegional Tech & Trade: BIMSTEC says it has completed the final step to operationalise its Technology Transfer Facility in Sri Lanka, after signing a Host Country Agreement in Colombo—aimed at boosting science and innovation cooperation across member states. Infrastructure Push (Bhutan): The Gelephu–Tareythang road is moving toward construction, with a revised 12.6 km alignment, detailed design nearing completion, and contractor prequalification underway for a mid-next-year start. Land Acquisition (Bhutan): MoIT says about 223 private plots and 69 structures will be affected for the Gelephu–Tareythang Road and Bridges Project, with roughly 4,670 decimals targeted for acquisition. Tourism Policy Watch: MoICE will submit recommendations next week on the future of Bhutan’s 50% concession on the USD 100 Sustainable Development Fee, due to expire in Aug 2027. Jobs & Industry Scaling: Bhutan’s target of 65,000 industrial jobs by 2035 hinges on scaling 10 priority sectors; MoICE cites early progress via licensing of 1,287 industrial projects in 2025. Agri-Value Growth: Bhutanese farmers are expanding hazelnut cultivation as a high-value crop suited to steep, high-altitude terrain, with the programme linked to Mountain Hazelnuts’ long-running investment model. Climate & Hydropower Safety: Bhutan’s hydropower projects are being designed with flood and GLOF risks built in from planning through monitoring, while GCF approval of USD 22m will strengthen early-warning systems across major river basins. Disaster Preparedness (Punakha): A GLOF evacuation drill in Punakha tested community readiness amid ongoing flood risk concerns.
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