In July of 2009 Assetz was awarded a contract by the Royal Government of Bhutan (Department of Information Technology) to design, build, finance & operate Bhutan’s first IT Park. Assetz will be in cooperation with joint venture partners, Druk Holdings & Investments, to deliver & operate the park.

The project site is located on the outskirts of Thimphu, Bhutan’s capital and involves development over five acres of land. The first phase, which is to be operational by September 2011, will comprise 50,000 sq ft of IT focused office and data centre.

The project is a high profile, anchor scheme as part of the overall IT strategy for the country, with all aspects of the design being sympathetic to the environment and cultural sustainability objectives of Bhutan.