NetWorld to invest USD 10 Million at Summit Technopolis

July 23, 2019

Photo caption: MD of Summit Technopolis Abu Reza Khan and MD of NetWorld Holdings Sabik Rahman signed a lease agreement for setting up Magnetic Ink Character Recognition (MICR) encoded cheque book and management Service plant in presence of Honorable State Minister of ICT Zunaid Ahmed Palak, MP at ICT Tower, Agargaon.

(Dhaka) 23rd July 2019, Tuesday: NetWorld Holdings signed an agreement with Summit Technopolis to build a facility that will print Magnetic Ink Character Recognition (MICR) Cheque Book in the two acres land at Bangabandhu Hi-Tech City, Kaliakoir Gazipur.

Under this agreement, Summit Technopolis, a company of Summit Group will provide related infrastructural support to NetWorld Holdings for an outlay of about USD 1 million investment initially to be raised up to USD 10 million in phases. The plant is likely to commence operation by early 2020.

The agreement signing was witnessed by the Honorable State Minister of ICT Zunaid Ahmed Palak, MP, Managing Director of Bangladesh Hi-Tech Park Authority Hosne Ara Begum ndc, Vice Chairman of Summit Group Farid Khan, Director of Summit Group Fadiah Khan along with other senior officials.

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:

About Networld Holdings Limited:
NetWorld Holdings Limited is a sister concern of NetWorld Group providing ICT based products and services. Networld Group also provides the complete ATM management service in Bangladesh since 2008. It is associated with world renowned NCR for the ATMs and also provides MICR encoded cheque and Personalization services. For further information, you may visit:

For further enquiries:

Mohsena Hassan | E: | M: +88 0171 308 1905