Faction Holdings Corporation, an American company, is interested in working on the smart transformation of the Bangladesh Hi-Tech Park Authority. For this, the organization will submit an evaluation report after observing the ground in Kaliakair, Sylhet, Rajshahi and Jashore hi-tech parks for the next five-six months.
For this purpose, a Memorandum of Understanding- MoU was signed between the two organizations in the conference room of the ICT Tower on Monday.
ICT Secretary Md. Shamsul Arefin presided over the ceremony. The MoU was signed by Managing Director GSM Zafrullah on behalf of Bangladesh Hi-Tech Park Authority and Director Max Garza on behalf of Faction Holdings Corporation.
Director Tabibur Rahman, Senior Consultant of Faction Holdings Corporation Bikarna Kumar Ghosh and various Project Managers of ICT Division were present at the ceremony. The program was moderated by Hi-Tech Park Authority Deputy Director Narottam Pal.
It was informed on the occasion that in the light of the agreement, smart hi-tech parks, smart cities, technical support for infrastructure development of existing hi-tech parks and service facilitation through the use of artificial intelligence will be worked together in other areas.
While speaking as the chief guest, the ICT Secretary Md. Shamsul Arefin said, we need smart solutions for cyber security. Besides, I expect that semiconductor factories will be set up in high-tech parks of Bangladesh like Taiwan. Bikarna Kumar Ghosh said that they will be able to sign this contract within two months after five months of physical study. He said hopefully, we will be able to complete the work as per the agreement by October next year. Apart from providing smart solutions to hi-tech parks, Faction Holdings will also generate revenue through sustainable use of data.
Managing Director of Hi-Tech Park Authority GSM Zafrullah, while speaking as the president, said, our work is not only infrastructure construction. The main goal is to create smart and sustainable eco-systems. We are working to implement Smart Bangladesh through positive use of technology.