Based on an official announcement by The Daily Star.
Private companies are set to invest approximately Tk 2,000 crore in the establishment of three additional submarine cables to strengthen Bangladesh's digital infrastructure and international connectivity. This substantial investment marks a significant step toward expanding the country's telecommunications capacity and ensuring robust data transmission capabilities.
The submarine cable projects represent a critical infrastructure development for Bangladesh's growing digital economy. These cables will facilitate improved international bandwidth connectivity, supporting the nation's expanding IT sector, financial services, and e-commerce industries. The private sector's commitment to this investment demonstrates confidence in Bangladesh's long-term growth prospects and the increasing demand for reliable international data connectivity.
This initiative aligns with Bangladesh's broader digital transformation agenda and the government's vision to establish the country as a regional technology hub. The addition of multiple submarine cable routes will provide redundancy and resilience to the nation's internet infrastructure, reducing dependency on existing cables and mitigating risks associated with single-point failures. The projects are expected to enhance service quality, reduce latency, and create a competitive environment that benefits telecommunications service providers and end-users alike.
Source
Official announcement by The Daily Star
Published on: 03 April 2026
Original release: https://news.google.com/rss/articles/CBMiuAFBVV95cUxNNG56QkV5WUljZkIzSVlXX0VJenBwbzJVY1Nzc2ZQZkpjYllNWklUTmxEbTB0OFF6R0pLWG9sV1h6dWpvc1RrVzRhWnBwSGo0YU1BeE1tay1JS1M0Q09WTERicXRVc051eXE5N1FWczZRZGVzTDZyVFdLeWk2SGVpZnNQWjhEZWJnS0dPdENqM2RkZDVtd2EzOUhUMDN5aXZSbjdxQ3NhWTV0MldKcWI1dDU4VFdaV2lz?oc=5
