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Allotment of land to 21 companies in three high-tech parks

Bangladesh Hi-Tech Park Authority has allotted land and space to 21 organizations in three high-tech parks of the country.
Land and space have been allotted to four institutions at Bangabandhu Hi-Tech City in Kaliakair, Gazipur, 16 at Bir Muktijoddha Lieutenant Sheikh Jamal Software Technology Park in Chittagong and one at Khulna University of Engineering and Technology (KUET) Sheikh Kamal IT Incubation and Training Center.

The agreement was signed on Wednesday (December 29) at a formal ceremony in the meeting room of the Bangladesh Hi-Tech Park Authority to transfer land and space to the companies.

Under the agreement, a total of 21 companies got the opportunity to invest in three parks. Managing Director of the Bangladesh Hi-Tech Park Authority in the agreement. Bikarna Kumar Ghosh and the heads of the allotted companies signed. Senior Secretary ICT NM Ziaul Alam was present as the chief guest at the signing ceremony.

In Bangabandhu Hi-Tech City, Bangladesh Card Limited has been allotted 6 acres of land in Block 4. The company will invest around Tk 60 crore to manufacture and assemble smart cards, special security products, ATM machines there. As a result, the company will employ approximately 650 people, the company said.

In favor of Asia Computer Bazar Limited, 2 acres of land has been allotted in Block 7, 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 4 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.

Besides, the Digital Security Agency under the Information and Communication Technology Department has been allotted 14.33 acres of land in Block 4, where they will set up office buildings and dormitories.

On the other hand, Lieutenant Sheikh Jamal Software Technology Park in Chittagong, Genex, Hello World, Engineering Consulting, AW Communication, Kazi Communications, Amoi Netziom, Exposition. Ready space has been allotted to Bangla Puzzle Limited, Coders Lab, Plan-B Solution, KAR Communication and ConnectionU.com.

These 16 companies will work in various sectors of IT, including software development.

Besides, space was allotted to Hamco Science and Technology R&D Center at Sheikh Kamal IT Incubation and Training Center at Khulna University of Engineering and Technology. On the same occasion, a separate MoU was signed with BRAC Bank Limited to finance the investors of Bangladesh Hi-Tech Park Authority. Under the agreement, BRAC Bank will provide easy loans to high-tech park investors.

In addition, MoUs have been signed with 4 organizations for building bridges between ICT industry, academia and partners, development of skilled human resources in ICT sector, development of women’s capacity and skills, development of ecosystem among women entrepreneurs and startups, research in ICT sector. The organizations are Women and E-Commerce (WE), Women Entrepreneurs Forum, Nivedita and Bangladesh Women in Technology (BWIT).

As a result, those concerned are hoping that the branding and ICT sector of Bangladesh Hi-Tech Park Authority will go one step further.

Speaking as the chief guest, NM Ziaul Alam, Senior Secretary, ICT Department, said that now 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.
He said in the current scenario, countries that are focusing on developing knowledge-based and technology-based industries will be able to attract FDI (foreign direct investment). Realizing this reality, the senior secretary urged to work for the development of technology-based infrastructure.

He added that 10 high-tech parks are ready for investment in the country at the moment, three of which were recently inaugurated by the Prime Minister on Digital Bangladesh Day. Products produced in Bangabandhu Hi-Tech City are also being exported abroad.

President of the Bangladesh Hi-Tech Park Authority Managing Director. Bikarna Kumar Ghosh said, ‘Bangabandhu Hi-Tech City’ is a flagship project of Bangladesh Hi-Tech Park Authority established on 355 acres of land in Kaliakair. 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 centers, 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.

He said that so far 165 companies have been allotted space and plots in the country’s high-tech parks and 147 local startup companies have been allotted free space / co-working space. The Bangladesh Hi-Tech Park Authority has created a skilled manpower of 36,000 in the ICT sector through various trainings considering the demand for manpower in the IT industry. The Bangladesh Hi-Tech Park Authority has created direct employment for about 22,000 people in the ICT sector. Bangladesh Hi-Tech Park Authority is committed to ensure fast and best service to investors; A total of 146 services are being provided through One Stop Service to provide easy, short time and low cost services to the investors. Of these, 43 services are being provided online.

The signing ceremony was attended by officials of ICT Department and Bangladesh Hi-Tech Park Authority and representatives of land and space allotted companies.

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