Deal #7550

Location #1

Spatial accuracy level
Exact location
Location
Kaliakair Upazila, Bangladesh

Latitude
24.11989699999999
Longitude
90.28078679999999
Facility name
Bangabandu Hi-Tech City
Target country
Bangladesh
Location description
BHTC is the first ever Hi-Tech Park is located at Kaliakoir upazilla in Gazipur district. It is well connected with all over the country through road, rail and air. It is situated only 40 km North from Dhaka city & 35 km away from Hajrat Shahjalal International Airport.
Comment on location
Bangabandhu Hi-Tech city is located in Kaliarkar Upazila of Gazipur district.

Land area

Intended size (in ha)
143.0
Size under contract (leased or purchased area, in ha)
85
Size in operation (production, in ha)
85

Intention of investment

Intention of investment
Industry (85 ha)
Comment on intention of investment
This porject is for Hi-Techindustry which will promote Knowledge and Capital Based Business. Information technology, Software Technology, Bio-Technology, Renewable Energy, Green Technology, IT Hardware, IT Enabled Services and R&D etc.

Negotiation status

Negotiation status
[2013] Concluded (Contract signed)
Comment on negotiation status
Bangladesh Hi Tech Park City got approval in 19 February, 2013. The administration development is going on.

Implementation status

Implementation status
Startup phase (no production)
Comment on implementation status
Plots had already been allotted to more seven companies to set up their industries in the Hi Tech Park city in Gazipur. Internal Road Construction, Alternative road construction, Lamp post. sewerage line, culvert, water line, electricity line, bridge and boundaries are completed.

Contract farming

Contract farming
No

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
1000
Current number of jobs (total)
4296
Comment on jobs created (total)
Various sources indicate different number of employees but according to the official website of the industrial park the jobs created is 4,296 with an additional planned employment of 1000

Operating company

Operating company
Name of investment project
Bangabandhu Hi Tech Park City
Comment on investment chain
Bangladesh Hi Tech Park authority to establish Bangabandhu Hi Tech Park city in 2013. Already they allotted 8.4984 H land to nine companies to invest 150 million to establish industries here for 40 years. Besides Hi Tech Park Authority contracted with Bangladesh Technopolis, Summit Technopolis for 40 years to make infrastructure.

 

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Data source #1

Data source type
Government sources
File

Data source #2

Data source type
Government sources
File

Data source #3

Data source type
Media report
File
Publication title
Nine firms get land at Bangabandhu Hi-Tech City
Date
2018-09-26

Data source #4

Data source type
Media report
File
Publication title
Bangabandhu Hi-Tech City to create 5,250 new jobs
Date
2018-12-11

Data source #5

Data source type
Media report
File
Publication title
Industries set for Bangabandhu Hi-Tech City-2
Date
2019-12-15

Negative impacts for local communities

Negative impacts for local communities
Displacement

Overall comment

Overall comment
In 1999, decision of developing hi tech park in Gazipur is taken. The Hih tech park was established there in 2010.The name of Hi-Tech Park in Gazipur has been changed to Bangabandhu Hi-Tech City in 2016. Already this city allotted 8 H land to nine companies to develop industries for 40 years. This Hi Tech Park city will create job opportunities for 20 Lakh people.

Feb. 1, 2020, 7:08 a.m.

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