Asia continues to emerge as Bhutan’s largest investment partner. According to the FDI Annual Report 2025, a majority of approved foreign direct investment projects originate from Asian countries, led by India. Meanwhile, a growing number of investments from Europe, the United States and other regions reflects a gradual diversification of Bhutan’s foreign investment base.
According to the report, out of 135 approved FDI projects, 85 originate from Asian countries, making the region Bhutan’s primary investment partner.
India remains the dominant source of foreign investment, accounting for more than half of all Asian FDI projects in Bhutan.
Singapore follows with 13 projects, while Thailand has eight projects. Vietnam and Bangladesh have four projects each. Nepal and others account for three projects each. South Korea has two, while Japan has one.
However, the country’s investor base is becoming more diverse. Investments from Europe, the United States and other regions are slowly increasing.
Europe accounts for nearly 21 per cent with 28 projects, followed by America with over 11 per cent with 15 projects.
Investments from Oceania represent nearly four per cent with five projects, while Africa and multinational corporations each have one project.
To take advantage of the growing international interest in Bhutan, the country will host the Invest Bhutan Summit next month. Entrepreneurs in the country will be showcasing 20 investible projects, along with several projects from Druk Holding and Investments worth more than Nu 100bn.
Kelzang Chhophyel
