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Economy

Economy

Bhutan has been identified as one of the 10 bio-diversity hotspots in the world, harboring an estimated 770 species of birds which includes the plumage, the Himalayan griffin, the unique high- altitude wader, the ibis bill, the spectacular hornbill, barbets, sunbirds, fulvattas, yuhinas, cuckoos, and many more. The country also has a great variety of endangered species like the black- necked crane, the monal pheasant, peacock pheasant, raven and the Rufous- necked hornbill. Along its southern border, the narrow tropical and subtropical belt supports the Asiatic elephant, greater one-horned rhinoceros, gaur, wild water buffalo, hog deer, tiger, clouded leopard, hornbill, trogon and other mammals and birds characteristic of indomalayan species. Only 150 kilometers to the north, high Himalayan fauna include the blue sheep, takin, musk deer, snow leopard, wolf and other species characteristic of the Palearctic realm. Bhutan is also known for its wintering populations (about 350 birds) of the vulnerable black-necked crane in the valleys of Phobjikha, Bomdeling and Gyetsa.

Hydroelectricity

Bhutan being Himalayan country has fast flowing rivers. With these regard, Bhutan has potential to produce enormous hydroelectricity. Bhutan now has already on process of constructing several major dams for the biggest contributor in hydroelectricity to our neighboring country, India. Bhutan has more capacity to generate electricity with the abundant of water resources. The hydro projects are controlled under Druk Green Power Corporations.

Tourism

Bhutan tourism industry was first opened in 1974. Since then it has become a major contributing factor to the Bhutanese economy by creating employment opportunities and contributing to government.

The government is committed in building a sustainable tourism industry that is not only financially viable but also limits the negative impacts on cultural and an environment. The Kingdom of Bhutan ensures that the visitors with deep respect for cultural values, traditional and the environment through the policy call “High Value, Low Impact”.

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