AGP Executive Report
Last update: 10 hours agoMinerals: India’s state-owned NMDC is scouting for mining assets in Bhutan, including tungsten and limestone, as it seeks to diversify beyond iron ore. The company has not announced any Bhutan investment. Economic support: The ADB approved US$17.42 million to help Bhutan shield families and sustain public services amid rising food and energy costs. The funding supports a Nu 267.88 billion government anti-crisis plan focused on affordability, jobs and energy security. Trade and connectivity: Gelephu’s new biometric immigration terminal aims to speed eligible Bhutanese and Indian travellers’ border crossings as the area develops. Rural infrastructure: India-backed projects inaugurated in Mongar include more than 65 kilometres of roads, 10 kilometres of irrigation canals and two bridges, intended to improve daily access and market links for local communities. Business climate: Bhutan’s economic outlook remains strong, but inflation and the external deficit are widening. Women entrepreneurs also report barriers to finance, customer confidence and expansion.
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