BHUTAN’S OPENING MOVE, ITS GELEPHU GAMBIT
Why in the news?
Bhutan’s Gelephu project aims to establish a regional hub. It seeks Indian support amid strategic and economic considerations.
source:dics
About Strategic Regional Hub:
- Bhutan’s proposal for a regional economic hub at Gelephu, bordering Assam in India, seeks to establish a “Gelephu Mindfulness City” (GMC) across 1,000 square kilometres.
- Initiated by King Jigme Khesar Namgyel Wangchuck, the plan aims to attract investments and promote health and wellness, diverging from traditional financial hubs like Dubai.
- Gelephu’s strategic location aligns with India’s “Act East” policy, facilitating connectivity to Southeast Asia and the Indo-Pacific region.
Key Highlights of Gelephu smart city project :
● Economic corridor linking South Asia to Southeast Asia. ● Focus on environmental standards and sustainability. ● Attracting quality investment from international companies. ● Emphasis on zero-emission industries and tourism. ● Significant transformation for Bhutan and South Asia. ● Agreement on India-Bhutan railway line. ● Connectivity to Myanmar, Thailand, Cambodia, and Singapore Key Facts related to Bhutan: ● Located between India and Tibet, landlocked. ● Capital: Thimphu. ● Transitioned to democracy in 2008. ● The King is the Head of State. ● Main rivers: Torsa, Wong, Sankosh, and Manas. ● Longest river: Manas, flowing into India. ● Constitutional monarchy. |