The Natural Resources Development Corporation Limited (NRDCL) has been functional since February 1984, then known as Bhutan Logging Corporation (BLC) under the Royal Charter-1984. The name of the corporation was changed to Forestry Development Corporation (FDCL) in 1996. A Royal Kasho was issued by His Majesty the King, 5th Druk Gyalpo on 12th June 2007 during the 87th National Assembly session to look into the allocation and use of sand and stone which are scarce resources of the country. Following the executive order issued by the Prime Minister vide PM/01/07/571 dated 7th November 2007, the Forestry Development Corporation Limited (FDCL) was re-structured to form the Natural Resources Development Corporation Limited (NRDCL) with a mandate to extract and market sand and stone at affordable prices in addition to timber business.
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