Kathmandu, March 10 -- The Asian Development Bank (ADB) has approved a $40 million concessional loan to help the Government of Nepal accelerate its digital transformation agenda and expand access to high-impact digital services for citizens and businesses.

The Nepal Digital Transformation Project-the first in South Asia to be cofinanced under the ADB-World Bank Full Mutual Reliance Framework (FMRF)-will strengthen the country's data hosting and cybersecurity infrastructure to enhance government-wide digital security and resilience, along with the core digital public infrastructure for modern, user-centric services.

The project will support key initiatives such as developing an integrated citizen service portal, improving the national so...