01
Boardwalk + retail / dining
- CapEx midpoint
- Nu 250M (180–320)
- Revenue midpoint
- Nu 47.5M/yr (35–60)
Most bankable first step
Growth Engine
Riverfronts
The riverwalk extends DRV from a single heritage destination into a Wangdue–Punakha spend corridor centered on retail, dining, mobility and evening activation — increasing value captured per visitor rather than shifting to mass volume.
Regional Demand Base
+44.3%
Bhutan arrivals growth
2025 vs 2024 — 145,065 rising to 209,376.
50 / 49
Certified accommodations
Wangdue and Punakha respectively, 2025.
8.6 km
Planned riverwalk
Connecting the two riverfronts along the corridor.
Revenue Layers
Illustrative planning ranges
02
Water taxi + cruise
- CapEx midpoint
- Nu 115M (70–160)
- Revenue midpoint
- Nu 20M/yr (12–28)
Premium upside; feasibility-gated
03
Events + ticketing
- CapEx midpoint
- Nu 35M (20–50)
- Revenue midpoint
- Nu 13M/yr (8–18)
Improves bundling & control
Capital & Revenue Envelope
Nu 270–530M
Combined conceptual platform CapEx
Pilot to early-scale.
Nu 55–106M/yr
Combined stabilized gross revenue
Across all three layers.
Nu 613M
Riverwalk / hotel node 5-yr gross revenue
Modeled.
20 keys
3-star Bhutan-style hotel
In the current starter node.
Sequencing
Now
Section A — the budgeted scope
2.5 km public riverwalk, hotel, and retail / dining.
This is the current budgeted scope and is developed first.
Next
Water mobility and the wider corridor
Boat tours and the full 8.6 km Section B–C corridor.
Added only after hydrology, docking, safety and regulatory approvals are confirmed.
Figures are illustrative planning ranges only; capex and revenue remain subject to engineering, operator and hydrology studies.