Chinese company to invest USD 15 million in Summit Technopolis

November 27, 2018


Photo caption: Managing Director of Summit Technopolis Abu Reza Khan and Chairman of Banglatronics Technology Kevin Wang signed a lease agreement for setting up mobile assembling and manufacturing factory at Summit Technopolis in Kaliakoir, Gazipur. Vice-Chairman of Summit Group Md Farid Khan, Director of Summit Fadiah Khan and Chinese delegation were present at the event along with senior officials.                                                        

(Dhaka) 28th November 2018, Tuesday: Banglatronics Technology Ltd signed a lease agreement with Summit Technopolis for setting up mobile assembling and manufacturing factory in Kaliakoir, Gazipur. The outlay of about USD 2 million investment initially to be raised up to USD 15 million in phases with potential to employ about 500 local engineers in full capacity.

A delegation from Shandong’s province of China Dezhou Economic and Technological Development Zone visited head office of Summit Technopolis. The team was led by E Hongda, Director of Administration Committee of Shandong’s Dezhou Economic and Technological Development Zone. The key objective of this delegation is to understand the business environment of Bangladesh.

About Summit Technopolis Limited:

Summit Technopolis Limited, a Public Private Partnership (PPP), is the concessionaire for developing infrastructure for hi-tech industry comprising of Information Technology (IT), Information Technology Enabled Services (ITeS), bio-tech, non-polluting manufacturing assembly lines and precision engineering companies, in the 100 acres area in Bangabandhu Hi-Tech City, Kaliakoir, Gazipur. Summit Technopolis leased under the provision to design, build, finance, own, operate and transfer to government on completion of 60 years lease period. For further information, you may visit: www.summittechnopolis.com

For further enquiries:

Mohsena Hassan | E: mohsena.hassan@summit-centre.com | M: +88 0171 308 1905