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Bhutan's Mindfulness City Plan
Bhutan's ambitious plan to build a Mindfulness City, focusing on well-being and sustainable economic growth.
English
United Kingdom
InvestmentEconomic GrowthIndo PacificSustainable DevelopmentMindfulnessBhutan
Gelephu Mindfulness City (Gmc)The Independent
Lotay TsheringKing Jigme Khesar Namgyal WangchuckRabsel DorjiSurya Raj Acharya
- What is the main purpose of Bhutan's planned Mindfulness City?
- Bhutan plans to build a Mindfulness City, Gelephu Mindfulness City (GMC), spanning over 2,500 sq km. It will promote mindfulness, well-being, and sustainable development, aiming to attract investment and create jobs.
- What is the city's administrative status and its economic goals?
- GMC will have separate laws and operate as a special administrative region, aiming to become an economic corridor linking South Asia to Southeast Asia. It will focus on sectors like finance, tourism, green energy, and technology.
- What are some of the potential challenges for the city's development?
- Concerns exist regarding connectivity challenges for the landlocked country and its ability to attract international investors, as success depends on factors outside Bhutan's direct control.
- How will the city be funded and what is its projected timeline for completion?
- The city's development will be funded by a $100 million bond issue and private investment in infrastructure. It's expected to be completed in 21 years and house over a million people upon completion.
- What are the core principles behind the project and which countries support it?
- The project is based on Bhutan's Buddhist heritage and its Gross National Happiness (GNH) index, incorporating principles of mindfulness, well-being, and environmental sustainability. India supports the project and plans to improve connectivity.