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Three hi-tech parks to get Tk 1,000 crore investment


Published : 29 Dec 2021 09:52 PM | Updated : 30 Dec 2021 03:19 PM

Private IT companies are investing a total of Tk 1,000 crore in three high-tech parks of the country coupled with expectations that 2,500 jobs will also be generated.

These companies got the opportunity to invest in Bangabandhu Hi-Tech City in Kaliakair, Sheikh Jamal Software Technology Park and Sheikh Kamal IT Incubation Center in Chattogram. Among them four companies will invest in Kaliakair, 16 in Chattogram, and one in KUET. 

Senior secretary of the ICT department NM Ziaul Alam handed over the land deeds to the owners of these institutions at the conference center of Bangladesh Hi-Tech Park Authority on Wednesday. Bangladesh Hi-Tech Park Authority Managing Director Bikarna Kumar Ghosh signed the agreement on behalf of the Hi-Tech Park Authority. 

In Bangabandhu Hi-Tech City, Bangladesh Card Limited has been allotted seven acres of land in Block 04. The company will invest around Tk 860 crore to manufacture and assemble smart cards, special security products, and ATM machines creating 650 jobs. 

In favor of Asia Computer Bazar Limited, 02 acres of land has been allotted in Block six, where they will assemble and manufacture computers, smart TVs, networking devices, security surveillance and speakers. The proposed investment of the company is around Tk 35 crore and the target for job creation is 600 people. 

Celtron Electro Manufacturing Company Limited has been allotted 0.5 acres of land in Block 04 where they will manufacture and assemble radio sets and FM transceivers. The proposed investment of the company is about Tk 25 crore and the proposed employment is 150 people. 

In addition, the Digital Security Agency under the Information and Communication Technology Department has been allotted 14.33 acres of land in Block 04, where they will set up office buildings and dormitories.

On the other hand, land has been allotted to Genex, Hello World, Exid Bangladesh Limited, Ingenium Consulting, AW Communication, Kazi Communication, Aamra Networks Limited, Exponent info system, Trust Global, Imtiaz Enterprise, Real IT, Sonjog U Dot Com, Coders Lab, Plan-B Solution, KR communication and Bangla Puzzle Limited at Sheikh Jamal Software Technology Park. 

ICT Department Senior Secretary NM Ziaul Alam said, “It is the right time to build a sustainable high-tech manufacturing ecosystem in Bangladesh where high-tech parks can play a leading role. A labor-dependent economy is not enough to survive the competition of emerging economies to overcome the post-Covid-19 global recession. 

In the current context, countries that are focusing on developing knowledge-based and technology-based industries will be able to attract FDI (foreign direct investment).” 

The senior secretary urged to work for the development of technology-based infrastructure. He further said that 10 high-tech parks in the country are ready for investment at the moment, out of which three parks were recently inaugurated by the Prime Minister on Digital Bangladesh Day. Products produced in Bangabandhu Hi-Tech City are also being exported abroad. 

BHTPA Managing Director Bikarna Kumar Ghosh said, “The 21 companies that were allotted land and space in the three parks through the agreement today will work on high technology such as hardware, software, IoT, BPO, research and development (R&D), data center, etc. This will result in an investment of at least Tk 1,000 crore in the three parks and employment opportunities for 2,500 people.”

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