IFC, Standard Chartered Bank Nepal Limited, and WorldLink Communications Ltd. partner on $29 million project to expand connectivity, create jobs, and drive economic growth.
Kathmandu, July 07, 2025 — In a strategic move to expanding Nepal’s digital infrastructure and unlock its full economic potential, IFC, in partnership with Standard Chartered Bank Nepal Limited (SCBNL), has committed $29 million to WorldLink Communications Limited and its subsidiary Data World Limited. The investment aims to grow Nepal’s fiber networks and develop innovative data centers across the country to help bridge the digital divide and drive inclusive development.
By expanding access to high-speed internet and building modern infrastructure, including robust fiber optic networks to connect remote areas, the partnership aims to address the rising demand for data storage and processing capabilities.
“At WorldLink, we believe that connectivity is the bridge to opportunity. This strategic partnership with IFC and SCBNL will significantly strengthen that bridge across Nepal,” said Dileep Agrawal, Founder and Chairman, WorldLink Communications Ltd. “This collaboration is a testament to our shared commitment to building a digitally empowered society and a cornerstone for a thriving future for all Nepalis” he added.
Data center infrastructure is expected to become a crucial element of Nepal's economy and growth given the growing reliance on technology across various sectors. By expanding fiber network and developing a series of state-of-the-art data centers throughout the country — which includes Nepal’s first EDGE-certified facility — this partnership is setting new benchmarks for sustainable and innovative growth.
“This investment aligns with the Government of Nepal’s vision under the 16th National Plan and Digital Nepal Framework to achieve universal internet access, integrated infrastructure development and leverage technology for socio-economic progress,” said Imad N. Fakhoury, IFC’s Regional Director for South Asia. “By enhancing digital access especially in underserved areas and creating quality jobs, IFC is proud to support Nepal’s digital transformation, connectivity and economic growth.”
The project will promote sustainable development through environmentally friendly data centers and resilient fiber-to-the-home technology. With IFC’s support, WorldLink Communications also aims to enhance women’s representation in the workforce, aligning with global strategies for inclusive employment.
“Nepal’s digital sector holds immense potential for innovation and growth. Unlocking the full economic benefits of digital technologies requires widespread adoption and greater access, particularly in rural areas where fixed broadband infrastructure remains limited. Data center infrastructure will play a key role in supporting this transformation, driving inclusive growth in national priority sectors and digital services for all,” said Vikram Kumar, IFC’s Director for Infrastructure and Natural Resources in Asia and the Pacific.
“This landmark collaboration between WorldLink, its subsidiary Data World, IFC, and SCBNL is a significant step towards strengthening Nepal’s digital infrastructure,” said Gorakh Rana, CEO & Head of Coverage, Nepal. “By financing digital infrastructures in the country, we aim to significantly improve internet accessibility and expand broadband and data centre capabilities nationwide unlocking global opportunities.
About IFC
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2024, IFC committed a record $56 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
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About WorldLink
Founded in 1995, WorldLink Communications Ltd. is Nepal’s largest and most trusted internet service provider (ISP), pioneering the country's digital transformation for nearly three decades. With a strong vision to “connect everyone, anywhere, all the time,” WorldLink has played a crucial role in bridging the digital divide, delivering high-quality, reliable, and affordable internet services to both urban and remote rural communities across Nepal. WorldLink currently serves over 1 million households and thousands of enterprises, making it a cornerstone of Nepal’s digital infrastructure. The company’s expansive fiber-optic backbone, commitment to innovation, and customer-centric approach have earned it widespread recognition as a technology leader. WorldLink has achieved several significant milestones in its mission to digitally empower Nepal. Its nationwide fiber network now spans over 7,500 locations, including remote and underserved regions, ensuring widespread connectivity. The company has established free Wi-Fi hotspots across major cities, enhancing digital inclusion in public spaces. With over 5,500 direct and indirect jobs created, WorldLink has also contributed to employment generation. Its commitment to service excellence is reflected in world-class customer support and innovative digital tools designed to enhance the user experience. Additionally, WorldLink actively champions sustainability and inclusion through initiatives that promote education, digital literacy ensuring that connectivity serves as a bridge to opportunity for all. In recent years, WorldLink has expanded its focus to include enterprise solutions, cloud services, and data center infrastructure, aligning with global standards and supporting Nepal’s vision of a digitally empowered society. As Nepal’s digital needs evolve, WorldLink remains committed to empowering people, communities, and businesses with cutting-edge technology, dependable internet, and a bold vision for a connected future.
About Standard Chartered Bank Nepal Limited
Standard Chartered Bank Nepal Limited enjoys the status of the only international bank currently operating in Nepal. It is also the only Bank in Nepal accredited with ICRANP-IR AAA rating by ICRA Nepal as the safest bank with regards to timely servicing of financial obligations. The Bank reaffirmed with AAA Rating for the sixth time. SCBNL is a leading international banking group, with presence in 60 of the world’s most dynamic markets and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
SCBNL is listed on the Nepal Stock Exchange.
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