Based on an official announcement by Dhaka Tribune.
Private firms will invest BDT 2,000 crore to develop three new submarine cable projects, strengthening Bangladesh's international connectivity infrastructure.
Submarine cables form the backbone of intercontinental data transmission and internet connectivity. Bangladesh currently relies on multiple undersea cable systems to maintain digital links with global markets. The new projects will expand capacity and reduce dependence on existing infrastructure, supporting growing demand from telecom operators, tech companies, and financial institutions.
The investment covers three separate submarine cable routes connecting Bangladesh to regional and international networks. These projects will enhance bandwidth availability, improve redundancy, and lower transmission costs for users across the country. Private sector participation in this infrastructure development underscores confidence in Bangladesh's digital economy expansion and the commercial viability of submarine cable investments.
Source: Dhaka Tribune (https://news.google.com/rss/articles/CBMimgFBVV95cUxObjFOSnRKc1hSTElSRm16VC1yeThnM01LWEI0Zi1NV21mN3hkQjItM01MUmdDSk9jb05ScDZTdkd3Rmd3Rmk3T1BrS3hCTlpUSjMtS0REalZJY1doYnFERDF6M3pVTG1UWENTOHRkQlQxa0RucjBVMTgwWEpSVGhXS2U2UDlBZHYwN0VWV3dPTkt6SkEyXy1HNkdB0gGfAUFVX3lxTE9wOUhicVFjVC1nWjJCd1hQMFdIUFYxM0lTbTNvQzBkVk5DbWdtZElrdjVfVnZzN2Rfa1JFV3ZEQVM2LTNLTl9WeVlSREt5QmotWW05RE5pZnNVbmY3RTRIX0k4eHB4d2VxLVJnZHhCQnV0QmFyckVmLTFsUGEwMGdDblZoQl9pMzR5Q3BTbXpZWTg2VzJCYy14VHZXcURRQQ?oc=5)
