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Palak seeks Hiranandani Group's investment in IT sector

BSS . Dhaka
17 Aug 2023 17:54:46 | Update: 17 Aug 2023 17:58:32
Palak seeks Hiranandani Group's investment in IT sector
— Courtesy/BSS

State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak has sought Indian topmost real estate company Hiranandani Group's investment in Bangladesh's information technology (IT) sector to help establish a data centre and enhance cyber security.

"The ICT state minister called upon the topmost Indian real estate group to invest in Bangladesh IT sector as the group launched the world's second-largest data centre in Mumbai," read an official release.

Palak made the call in a meeting with Hiranandani Group of Companies at its Mumbai head office on Wednesday evening, on the first day of his India tour.

The meeting also featured different issues like social media, AR/VR solutions, entertainment, gaming and regional dominance in E-Sports technology industries.

The state minister said even the joint partnership of the two companies – Hiranandani Group and the High Tech Park Authority – will also enhance digital inclusion and strengthen the India-Bangladesh partnership in achieving the “Smart Bangladesh vision 2041.”

Hiranandani Group, established in 1978 based in Mumbai, Maharashtra, also having projects across Mumbai, Bengaluru, Chennai, and Hyderabad, earlier announced to invest Tk 2,000 crore in Bangladesh aiming to establish a four-tier data centre.

As part of the announcement, it has already started construction of two hyper-scale data centre Bhaban at Kaliakair High Tech Park in helping to meet the country's increasing demand for data storage and the demand of all non-government organisations located in the north-eastern Indian states.

All the key officials of the group of companies, among others, were present at the meeting.

Palak will attend another meeting at the head office of the Reserve Bank of India on Thursday noon as well, the release added.

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