AGP Executive Report
Last update: 11 hours agoTrade Connectivity: Bhutan and India are exploring links to the Brahmaputra waterways and Jogighopa terminal, which could give Bhutanese cargo another route to global markets through Assam. Digital Payments: Bhutan has recorded 8,621 UPI transactions since September, but some payments still fail as Indian banks complete integration; six banks are enabled, with four more in the pipeline. Investment: Licensed and in-principle approved FDI projects total Nu 329.16 billion, or 65.8% of the government’s Nu 500 billion target for 2029. Banking: DK Bank has received in-principle approval to expand into Abu Dhabi, a step towards international growth. Energy: Druk Green Power and Adani Power have agreed to develop the 770 MW Chamkharchhu-I hydropower project. Separately, KEC International won a 400 kV transmission-line contract in Bhutan as part of Rs 1,030 crore in new orders. Economic Outlook: The Asian Development Bank expects Bhutan’s growth to accelerate to 7.2% in 2027.
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