Bhutan King announces Mega Gelephu city project along Indo-Bhutan border
First Published: 19th December, 2023 17:27 IST
The project has the backing of Prime Minister Narendra Modi
Bhutan has announced creation of a Special Administrative Region where a set of new laws would be applicable to attract mega global investments. This path-breaking announcement was made by none other than the Bhutanese monarch Jigme Kesar Namgyal Wangchuck during his National Day address last week. This 1000 sq km Gelephu City Project, located less than 50 km from the northeastern Indian state of Assam, will develop into a” mindfulness city”, as King Wangchuck described, that will capitalise on Bhutan’s strengths in tourism, wellness and infrastructure companies. The Gelephu Project will include an international airport, zero emission industries and encourage investment from specially screened global players. The project has the backing of Prime Minister Narendra Modi.
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