Press Release

New IT Venture to develop Pokhara as the first Smart City of Nepal

Friday September 15, 2017

An agreement has been made between Pokhara-Lekhnath Metropolitan City (PLMC), the local government authority having its office located in Ward No. 8 ,Newroad and New IT Venture Corporation (NITV) having its registered office at Tateishi 5-24-8 Katsushika Ku Tokyo 124-0012, Japan with Nepal Operation Office at TBi Plaza 1F Naxal, Gairidhara Kathmandu with the aim of initiating Public-Private-Partnership (PPP) for the execution of Smart City Assets Programs in the sustainable business model.

A smart city is an urban development vision to integrate Information Communication and Technologies (ICT) and Internet of things (IoT) technology in a secure fashion to manage a city’s assets where SMART refers to improve the efficiency of services offered by either government or service provider.

About Pokhara-Lekhnath Metropolitan City(PLMC) :

After the successful end of local government election, PLMC has become one of the largest land occupying Metropolitan city of Nepal. Soon after the completion of undergoing construction of International Airport, in Pokhara will reduce the distance between major cities of South Asian countries. The city can accommodate more than one hundred thousand tourists per night. To increase the flow of tourist, the city administration has to focus on the security, quality services and peaceful environment. Modern Information Communications Technology (ICT) only have the capacity to achieve those goals. The metropolitan city have other many priority areas such as poverty, citizen’s rights, building new rule and regulation under the new federation system etc.

About Company | New IT Venture Corporation

New IT Venture Corporation (NITV) provides End-to-end IPTV and OTT/Mobile TV Platform to Telcos, ISPs, Hospitality & Broadcasters. NITV has partnered with the world’s leading media and technology companies, owns and operates different community-based OTT IPTV Platforms and self IPTV Head-end. Founded by executives in the media, technology, and financial communities, NITV is headquartered in Tokyo, Japan, and maintains network operations facilities in Japan, USA, Singapore, Australia, and Europe, and a development center in Kathmandu Nepal. Our Customizable Platform includes Middleware Software, Apps and Head-end System for delivery of Contents to any Screens: Smartphone/Tablets, iPhone/iPad, Set-top-box, Web, Roku, Smart TV (LG, Samsung, Sony, Toshiba, Google TV etc), Apple TV, Amazon Fire TV, HDMI Dongles etc.

Press Contact:

Japan +81-3-5650-5430 press@newitventure.com

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JAPAN
NEW IT VENTURE CORPORATION
Kopo Yamato Bldg 2F, Tateishi 5-24-8
Katsushika-Ku, Tokyo 124-0012
NEPAL
NEW IT VENTURE CORPORATION LIMITED
TBi Plaza 1F, Naxal
Gairidhara, Kathmandu, Nepal
INDIA
NEW IT VENTURE (INDIA) PVT. LTD.
C9/9401,Vasant Kunj
New Delhi 110 070, India