Hi-tech parks to attract local, foreign investment

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Jehangir Hussain

To promote innovation and entrepreneurship,  Bangladesh recently created High-tech parks around the country, said officials.

Notable among them are, the Janata Tower Software Technology Park in Dhaka and the Bangabandhu Sheikh Mujib Hi-tech Park in Gazipur.

These parks provide cutting-edge amenities including high-speed internet ,  telecommunications infrastructure with consistent power supply, they said.

The parks aim to attract local and foreign investment in the information technology,  create jobs and contribute to economic growth. Bangladesh has set the target to create new jobs in the IT sector by 2025.

Currently, there are around 28 Hi-tech parks (HTP)/Software Technology Parks (STP)/IT Training and Incubation Centres across the country.

Bangladesh Hi-Tech Park Authority (BHTPA) is working to implement and maintain these projects.

The government established BHTPA under the “Bangladesh Hi-Tech Park Authority Act-2010 to create investment-friendly environment and employment.

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