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Tk 4,000cr investment at hi-tech parks by 2025

Published : 30 Sep 2021 09:57 PM | Updated : 02 Oct 2021 12:12 PM

Lands and plots have been allotted to 166 companies in the country's high tech parks. The total private investment in these parks so far is Tk 570 crore, and the investment in high tech parks is Tk 950 crore. The investment target of the companies by 2025 is Tk 4,000 crore. 

State minister for ICT Zunaid Ahmed Palak said this while speaking as special guest at a land agreement signing between companies and Bangladesh High Tech Park Authority (BHTPA) at Pan Pacific Sonargaon Hotel in the capital on Thursday.

Zunaid Ahmed Palak said, "Bangabandhu Hi-Tech City" is a flagship project of Bangladesh Hi-Tech Park Authority established on 355 acres of land in Kaliakair. Seven companies that are allotted land at Kaliakair and the two companies allotted land in Jessore, will work on high technology such as hardware, software, IoT, BPO, research and development (R&D), Data Center, etc. This will create employment opportunities for about 3,500 people in the two parks. The companies will invest about USD 55 million.

He added, "Eight high-tech parks in the country are ready for investment at the moment, three of which are awaiting inauguration. Products produced in Bangabandhu Hi-Tech City are being exported abroad. So far, more than 150 local startup companies have been allotted free space / co-working space in high-tech parks."

"The Bangladesh Hi-Tech Park Authority has created a skilled manpower in the ICT sector through various trainings considering the demand for manpower in the IT industry. The Bangladesh Hi-Tech Park Authority has created about 21,000 direct jobs in the ICT sector by 2020," he added. 

Read more: Oryx biotech to invest US$ 300m at Bangabandhu High Tech City

Eight companies that are allotted lands on Thursday are going to make an investment of USD 55 million at Bangabandhu Hi-Tech City, Kaliakair and Sheikh Hasina Software Technology Park in Jessore.

Walton Hi-Tech Industries Limited has been allotted 3.01 acres of land in the hardware company category in Bangabandhu Hi-Tech City. The company will invest USD 6.50 to work on IT / ITES, digital device manufacturing here, as well as create 1,550 jobs. 0.87 acres of land has been allotted in favor of Technomedia Limited. In Bangabandhu Hi-Tech City, they will invest about USD 2.50 million to assemble ATM, CRM, RCDM machines and create 200 jobs. Daffodil Computers Limited is getting 0.96 acres of land where they will invest about USD 3.00 million to create 100 jobs. The company will assemble IT and electronic content in Kaliakair. 

Celtron Electro Manufacturing Services Limited will set up a medical technology plant with an investment of about USD 7 million for the assembly and production of medical equipment. The company is getting 0.65 acres of land, which will employ 250 people. Ulkasemi Pvt Ltd will invest about USD 25 million to design the semiconductor, which will create employment for 550 people. Ulkasemi Private Limited is getting 1.81 acres of land in Kaliakair. MacTel Ltd is investing USD 6 million to assemble smart phones, acquiring 1.37 acres of land that will create employment for 332 people.

Read more: ‘Bangladesh ICT sector a rewarding destination for Japanese investors’

On the other hand, Reddot Digital Limited and Felicity Big Data Limited data centers will set up data centres at Sheikh Hasina Software Technology Park, Jessore.  0.21 and 0.45 acres of land have been allotted in favor of the two institutions. Besides, Comilla's Halima Telecom Industries Ltd. is declared as a private high-tech park.

Bangladesh Hi-Tech Park Authority is committed to ensure fast and best service to investors. The company is providing services to the investors through one stop service with the aim of providing services to the investors very easily, in a short time and at low cost. At present a total of 148 services are being provided out of which 43 services are being provided online.

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