BSS, Dhaka :
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.
The approval came from the ECNEC meeting held with the ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair.
The prime minister 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 area.
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 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 in Shibchar upazila of Madaripur 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 Programme (4th HPNSP)’ project will be implemented by June 2023.