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LOCATION

Bangabandhu Hi-Tech Park, Gazipur, Bangladesh

PROJECT TYPE

Public Private Partnership (PPP)

CONCESSION PERIOD

60 Years

DEVELOPMENT AREA

91 Acres

SUMMIT TECHNOPOLIS LIMITED

Concessionaire from the Bangladesh Hi-Tech Park Authority (BHTPA) under the Ministry of Post, Telecommunication and Information Technology, Government of the People’s Republic of Bangladesh to develop the hi-tech industry of Bangladesh comprising of IT/ITES biotech manufacturing/assembly lines and precision engineering companies in a total area of 91 acres divided into 2 blocks.

Project Type: Public-Private Partnership (PPP)
Concession Period: 60 Years
Development Area: 91 Acres
Block II: 62 Acres
Block V: 29 Acres

GREEN FEATURES
Low Energy Consumption
Energy Saving Light
Day Lighting
Ecological Materials
Sustainable Landscaping

COMMON FACILITIES
Hotel
Convention Centre
Training Institute
Residential Facilities
Investors’ Club
Hospital
Shopping Mall
Railway Station

INCENTIVE PACKAGE
Attractive Tax Holiday applicable from the date of commercial operations.
Exemption of Income Tax for expatriate professionals.
10 years Accelerated Depreciation permissible.
Exemption from Import Duties on machinery used for maintenance.
The Hi-Tech Park will be treated as Custom Bonded Area.
100% exemption of taxes on all Exports.
Full repatriation of Dividends, Profits & Capital permissible.
100% Equity is allowed for FDI Companies.
No cap on FDI limits.
Exemption from Import Duties for construction material/ equipment, software/ hardware and vehicles more than 1,800 cc.
Human Resources Training and Development will be undertaken for the industry in the Hi-Tech Park to get right–skilled manpower.