Prime Minister Balendra Shah said on Friday that the government will introduce policy and regulatory reforms to support Nepal’s game development and information technology sectors, announcing the initiative in a social media post. He said a review of existing policies and related preparatory work have already begun, with the stated aim of helping domestic companies expand into international markets and grow into global unicorns.
Policy review under way
Shah’s announcement puts the government’s focus on two connected areas: game development and information technology. He said the government would review the policies governing the sectors and undertake the necessary work to make changes. The post did not specify a timeline for completing the review or setting out the reforms.
The prime minister presented the proposed changes as a way to create an environment in which Nepali companies can grow beyond the domestic market. The stated ambition is for local firms to reach international markets and, ultimately, become global unicorns. Shah did not name specific companies or identify particular policy provisions that the government plans to amend.
Focus on domestic firms and global growth
The announcement links changes in policy and regulation to the prospects of Nepal’s game development and IT businesses. Rather than describing a single programme, Shah referred to reforms across the sectors and said the review and related preparatory work were already in progress.
His stated goal is to make it easier for domestic companies to expand internationally. The reference to global unicorns signals the scale of the ambition, but the post did not outline targets, funding commitments, incentives or other measures. Further details on how the government intends to support companies are therefore still to be announced.
Details of reforms yet to come
The announcement did not specify whether the review would address particular rules, how businesses or other stakeholders might take part, or when the government expects to publish its findings. It also did not set out a timetable for introducing any resulting changes. For now, the main details made public are the sectors under review, the start of preparatory work and the goal of supporting international growth.
Shah’s remarks mark a government commitment to consider policy and regulatory changes for the IT and gaming industries. The next steps will depend on the review and the reforms that follow. Until the government provides further information, the scope and practical effects of the proposed measures remain unclear.