Bhutan Energy Storage Industrial Park Project Planning

4 FAQs about Bhutan Energy Storage Industrial Park Project Planning

What is the industrial park policy in Bhutan?

Drawing on the experiences of other countries, the industrial park policy in Bhutan is based on an overall umbrella of rules on purpose, coverage, policy considerations, existing infrastructure, regulatory and legal framework, and enactment and implementation of legislation.

What is Bhutan's energy security & sustainable growth policy?

Titled "Empowering Energy Security & Sustainable Growth," the policy consolidates and supersedes several prior frameworks, including the Bhutan Sustainable Hydropower Development Policy 2021, Alternative Renewable Energy Policy 2013, Domestic Electricity Tariff Policy 2016, and National Energy Efficiency & Conservation Policy 2019.

Does Bhutan need a business infrastructure policy?

There is a greater need to foster a dynamic private sector and create employment. In this context, Bhutan has recently embarked on a strategy to develop a business infrastructure policy. This is mainly focused on establishing four industrial parks to jump-start investment and developing the management arrangements.

What lessons can we learn from Bhutanese experience about industrial parks?

There are several lessons that can be learned from both international and Bhutanese experience about industrial parks. First, a Government team will need to be the single window for all investors and have expertise in communicating with potential investors, investment promotion, legal arrangements, and aftercare services.