Home / Bangladesh / Tk 1,503cr for ‘Sheikh Hasina Institute of Frontier Technology’ approved

Tk 1,503cr for ‘Sheikh Hasina Institute of Frontier Technology’ approved

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a Tk 1,503.32 crore project to set up an institute of frontier technology.

Through the ‘Construction of Primary Infrastructure for Sheikh Hasina Institute of Frontier Technology’ project, the government will set up the country’s first frontier technology-based specialised institute, reports BSS.

The approval came from the ECNEC meeting held on Tuesday with the ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair.

The premier joined the meeting virtually from her official Ganabhaban residence while ministers, state ministers, planning commission members and secretaries concerned attended it from the NEC Conference Room in the city’s Sher-e-Bangla Nagar.

Briefing reporters after the meeting, Planning Minister MA Mannan said that a total of 11 projects were approved on Tuesday involving an overall estimated cost of Tk 37,507.22 crore.

“Of the total project cost, Tk 36,023.91 crore will come from the government of Bangladesh portion, while Tk 1,449.98 crore as project assistance,” he said.

Of the approved 11 projects, seven are new while four are revised projects.

The planning minister said the Bangladesh Hi-Tech Park Authority under the ICT Division would implement the ‘Construction of Primary Infrastructure for Sheikh Hasina Institute of Frontier Technology’ project at Shibchar upazila of Madaripur district by December 2026.

He said the objective of the project is to establish the country’s first zero-waste, green, clean and sustainable campus blended with the modern mode of education and innovation culture.

With the scheme, Bangladesh is expected to become a self-sufficient nation in terms of ICT through collaboration between local and global stakeholders alongside establishing individual inclusive research facilities, and academic and industrial research, he added.

For preparing the frontier technology-based talents, he mentioned that the project will focus on biotechnology, nanotechnology, neuro-technology, cyber security, artificial intelligence, internet of things, robotics, blockchain, data science, hyper-automation, technological ethics, behaviour and experience engineering, innovation and entrepreneurship.

MA Mannan informed that the meeting also revised the fourth phase of the massive sector-wise programme for health, population and nutrition sectors.

After revision, he said, the total project cost is Tk 1,45,934.99 crore and the ‘4th Health, Population and Nutrition Sector Program (4th HPNSP)’ project will be implemented by June 2023.

The other projects approved in the meeting are : Infrastructure Development of Mongla Commander Flotilla West (Comflot West) with Tk 699.94 crore, Modernization of Chattogram, Cumilla and Mymensingh (Trishal) Military Farms with Tk 263.83 crore, Upgradation of Ashuganj River Port-Sarail-Dharkhar-Akhaura Land Port Highway to four lanes National Highway (1st revised) with Tk 5,791.60 crore, Integrated Sanitation and Hygiene in 10 (Ten) Priority Cities of Bangladesh (Integrated Solid and Human Waste Management) with Tk 559.68 crore, Upgrading of Dhaka Water Supply Network (1st revised) with Tk 3,780 crore, Waste Removal and Management in Dhaka South City Corporation Affiliated Area, collection of modern vehicles used for road repairs and reduction of traffic congestion through installation of mechanized parking with Tk 333.32 crore, Construction of Hostel or Dormitory for Doctors, Officers, Senior Staff Nurses and Trainees working at Azimpur Maternal and Child Health Training Institute, Dhaka with Tk 64.34 crore, Important Rural Infrastructure Development of Gopalganj District (2nd revised) with Tk 1827.80 crore and Smart Agriculture Card and Digital Agriculture (Pilot) with Tk 107.92 crore.