World Bank to Give $140 Million to Support Nepal\u2019s Digital Transformation (DNA) Project<\/figcaption><\/figure>\n\u201cCountries that embrace a digital transformation can accelerate their transition to green, resilient, and inclusive development,\u201d <\/strong><\/i>said\u00a0Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka.<\/p>\n\u201cThe World Bank is proud to support Nepal\u2019s goal to promote an inclusive and secure digital economy that will connect people and businesses to information, services, and markets.\u201d<\/i><\/strong><\/p><\/blockquote>\n The project will support the implementation of the Digital Nepal Framework, the country\u2019s digital economy strategy that was announced by the Government in 2019. The project will improve access to high-quality and affordable broadband services, especially for people and businesses in rural areas.<\/p>\n
It will also support and secure the delivery of digital government services through improvements in Nepal\u2019s data infrastructure and cybersecurity. Specific activities will seek to boost internet use, digital skills and entrepreneurship, and access to digital services by women, ethnic and social minorities, and persons with disabilities.<\/p>\n
The project will also create better job opportunities for about 1,500 people by providing digital skills development training.<\/p>\n
\u201cThe first World Bank-financed project in Nepal was for a telecommunications project in 1969. The DNA Project represents an evolution in Nepal\u2019s economic growth story by investing in high-speed broadband connectivity and in digital skills and services that will position the country, its people and its businesses to be more competitive and integrated into the global digital economy,\u201d<\/i>\u00a0said Siddhartha Raja, World Bank task team leader for the project.<\/strong><\/p>\nThe DNA project is financed by the World Bank\u2019s International Development Association (IDA).<\/p>\n
(Press Release)<\/em><\/p>\nALSO READ:<\/span> Changan Auto Nepal Supports K Foundation to Connect Students to Digital Technology<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"The World Bank\u2019s Board of Executive Directors today approved $140 million for the Digital Nepal Acceleration (DNA) Project to expand access to broadband and engage more people in the digital economy. \u201cCountries that embrace a digital transformation can accelerate their transition to green, resilient, and inclusive development,\u201d said\u00a0Faris Hadad-Zervos, World Bank Country Director for Maldives,…<\/p>\n","protected":false},"author":1083,"featured_media":85184,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[275],"yoast_head":"\n
World Bank to Give $140M to Support Digital Nepal Acceleration<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n \n\t \n\t \n\t \n