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Chine to provide Tk 3,069.75cr for two projects

DHAKA, Sept 10, 2017 (BSS) - Bangladesh will receive a total of Tk 3,069.75 crore from China for implementation of two projects in ICT and telecommunication sectors.

Kazi Shofiqul Azam, Secretary of Economic Relations Division (ERD), and Ma Mingqiang, Chinese ambassador in Bangladesh, signed two "Framework Agreements" in this regard at the ERD office here today, said a press release.

According to the agreement, China will provide Tk 1252.48 crore to implement "Development of ICT Infra-Network for Bangladesh Government Phase-III (Info-Sarker 3)" under Information and Communication Technology Division and Tk 1817.27 crore to implement the "Modernization of Telecommunication Network for Digital Connectivity (MOTN)" under the Posts and Telecommunication Division.

These projects will fulfill the objectives of the Vision 2021 and also assist to build a Digital Bangladesh.

The main objectives of Info-Sarker 3 are to bring all the ministries, divisions and other government departments within a public network. The main objectives of MOTN are to extend a reliable and affordable facility and facilitate enhancement of teledensity, teleaccess and broadband access in the country.

China is one of the most important development partners of Bangladesh and providing financial assistance in various projects, including 3G Project, Shahjalal Fertilizer, Padma Water Treatment Plant Project,.

Some more projects are in pipeline to be financed by China in the next five years.

A memorandum of Understanding including 27 projects was signed between the two governments during the visit of Chinese President Xi Jinping to Bangladesh in October 2016. These two projects were among the projects included in the MoU.