The manufacturing sector is back in focus as the government plans to more than double its contribution to the gross domestic product by 2029.
The sector’s share of gross domestic product (GDP) has been declining from 8.93 percent or Nu 6.32 billion (B) in 2010 to 5.86 percent or Nu 11B in 2021.
As Bhutan aims to double the country’s GDP from USD 2.5B to 5B by 2029, the government plans to increase the GDP share from the manufacturing sector from about 6 percent to 15 percent by 2029.
Minister of Industry, Commerce and Employment, Karma Dorji said that the government has been supporting the development of the industrial parks.