Thimphu Techpark Limited (Techpark)

General Information

IndustryInformation and communication technology

Organisation typeCompany, enterprise or trading name

Company Address Thimphu Techpark Ltd., Babesa
11001, Thimphu
Thimphu Bhutan

Phone number+9752350052

Web page http://thimphutechpark.com/

Company Address enquiries@thimphutechpark.com

Contact Information

Contact Person Dr. Tshering Cigay Dorji
Chief Executive Officer

Phone+9752350051

Email enquiries@thimphutechpark.com

Verified By

OrganisationIf interested in this company please contact FP

Project typeProduction, marketing or other activity involving transfer of know-how or technology

Project abstractBhutanese Thimphu Techpark Ltd. is specialized in providing IT Park Space for ICT and ITES Companies and is searching for Finnish partners for establishing business in Bhutan to service global as well as local ICT and ITES needs.

Project descriptionThimphu Techpark Ltd., established in May 2012 is based in Thimphu, Bhutan and currently employs over 700 persons.

The company provides world class real estate rental space made to suit ICT and ITES (IT enabled service) for local and international companies that require proper internet connectivity and reliable and cheap power, peace and security in Bhutan. The companies using Techpark services have so far have been from around the world including North America, Europe, South Asia and Australia.

The Techpark is seeking Finnish ICT and ITES Companies looking to expand in Asia or seeking lower cost outsourcing center (cheaper than India and Philippines). The Techpark also provides world class data center facilities for Finnish companies looking at mainly disaster recovery centers in a completely different zone. There are also several incentives and support from the Government for FDI at the moment:

1) Companies are eligible for tax holiday so that you would be exempt from Corporate Income Tax. 2) A company can be 100% foreign owned if established at the IT Park. Outside of IT Park, it is necessary to have a Bhutanese partner. 3) The IT Park has dual feed power supply plus DG back-up and the cost of power is quite inexpensive at present. 4) The Techpark also has incubation space to try out before establishing their own office.

Attachments

Number of employeesOver 250

Annual turnover in €0-0,5 million

Annual balance sheet total2-10 million

Certifications, standardsPre-certification under LEED for core & shell development platinum level

Already engaged in international co-operationYes

Percentage of transnational activities10-49%

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