Ecnec okays Tk1,059cr project to expand, develop 5G network | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
June 26, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JUNE 26, 2025
Ecnec okays Tk1,059cr project to expand, develop 5G network

Telecom

BSS
22 February, 2022, 04:10 pm
Last modified: 22 February, 2022, 06:56 pm

Related News

  • Bangladesh launches eco-industrial park initiative to drive greener industrial future
  • ACC seeks info on 15yr banking irregularities; 3 ex-governors, conglomerates in crosshairs
  • Govt declares 5 August 'July Mass Uprising Day', 8 August 'New Bangladesh Day', 16 July 'Martyr Abu Sayed Day'
  • Unregulated, untested fertiliser use threatening soil health, food security: Experts
  • Integrated framework to be developed for listing MNCs, robust local companies: BSEC

Ecnec okays Tk1,059cr project to expand, develop 5G network

BSS
22 February, 2022, 04:10 pm
Last modified: 22 February, 2022, 06:56 pm
Ecnec okays Tk1,059cr project to expand, develop 5G network

The Executive Committee of the National Economic Council (Ecnec) today approved a Tk1,059.10 crore project for developing the optical fibre transmission network of Bangladesh Telecommunications Company Limited (BTCL) for expanding 5G network across the country.

The approval came at the 11th meeting of the Ecnec in the current fiscal year (FY22) held with its Chairperson and Prime Minister Sheikh Hasina in the chair.

The premier joined the meeting virtually from her official Ganabhaban residence here.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Ministers, State Ministers and Secretaries concerned attended the meeting from the NEC Conference Room in the city's Sher-e-Bangla Nagar area.

Briefing the reporters after the meeting, Planning Minister MA Mannan said a total of 10 projects were approved on Tuesday (22 February) involving an overall estimated cost of Tk8,804.10 crore.

"Of the total project cost, Tk8,515.87 crore will come from the government of Bangladesh, Tk120.78 crore from the concerned organization's own fund while the rest of Tk167.45 crore from project assistance," he added.

State Minister for Planning Dr Shamsul Alam, Planning Commission Members and Secretaries concerned were also present at the briefing.

The planning minister said the main objective of the optical fibre network upgradation project is to spread uninterrupted state of the art telecommunications network and modern broadband internet facilities across the country.

Besides, the optical fibre transmission network of the BTCL will also be developed and expanded to meet the growing demand. The BTCL under the Post and Telecommunication Division will implement the project by December 2024.

The project aims to raise the data transmission speed to 100 gigabits per second (Gbps) at upazila levels.

The superfast mobile service can deliver a peak data rate of up to 20Gbps and can connect virtually everyone and everything, including machines, objects, and devices.

This project will improve and expand BTCL's optical fibre transmission network to provide uninterrupted telecommunication and modern broadband internet facilities.

The fund of the project will be used to procure and install telecommunication and electrical equipment and establish 146 underground optical fibre cable links with a combined length of 3,144km.

The planning minister said that Prime Minister Sheikh Hasina in the meeting asked the authorities concerned to expand the 5G network in the country and also to strengthen the 4G network.

The premier also stressed the need for expediting the work for launching the 2nd Bangabandhu Satellite in the orbit, he said.

Mannan said the premier also emphasised the need for gradually coming out from the subsidy system in the power and energy sector.

"It's a serious matter and we must get out of this subsidy system. The process will start and this has to be done gradually and gently," he said.

The minister said that the government has been giving subsidies in many sectors and the prime minister has suggested coming out from the subsidy trend gently which should also be economically acceptable.

Supplementing the planning minister, State Minister for Planning Dr Shamsul Alam said that subsidy in the power sector is costly and there is a need for cutting down such subsidies in industrial production.

He, however, said that the subsidy in the agriculture sector would continue as usual.

Revealing some of the directives from the prime minister in the Ecnec meeting, Mannan said that the premier asked the concerned Ministry to keep ready necessary manpower for operating the modern machines and equipment in the hospitals so that those do not remain idle.

The prime minister also directed the concerned authorities to set up Novotheatres under a big project in those districts which do not have at the moment.

She also suggested setting up a separate body under the Ministry of Science and Technology to supervise the operations of the Novotheatres.

The premier also directed the authorities concerned to ensure good waste management in the public hospitals' side by side motivating the private hospitals to have sound waste management of their own, Mannan said.

She also advised the authorities concerned to take steps for expanding the mangrove forests in Barguna.

Meanwhile, the planning minister informed that the Annual Development Plan (ADP) implementation status during the July-January period of the current fiscal year (FY22) is 30.21% which was 28.45% during the corresponding period of the previous fiscal year (FY21).

Mannan said this has been possible due to the hard work of the countrymen irrespective of their class and creed as well as the firm decision making character of the prime minister.

Bangladesh / Top News

Bangladesh / Prime Minister Sheikh Hasina / Executive Committee of the National Economic Council (Ecnec) / 5G / Bangladesh Telecommunications Company Ltd (BTCL) / development

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • $4b Chinese loan deals face delay as Dhaka, Beijing struggle to agree terms
    $4b Chinese loan deals face delay as Dhaka, Beijing struggle to agree terms
  • Office of the Anti-Corruption Commission. File Photo: TBS
    ACC seeks info on 15yr banking irregularities; 3 ex-governors, conglomerates in crosshairs
  • CIA Director John Ratcliffe speaks during an interview at the White House in Washington, D.C., U.S., April 30, 2025. Photo: Reuters
    CIA says intelligence indicates Iran's nuclear programme severely damaged

MOST VIEWED

  • Bangladesh Bank. File Photo: Collected
    No financial liability for banks on imports under sales contracts: BB
  • Representational image. Photo: TBS
    2025 Global Liveability Index: Dhaka slips 3 notches, just ahead of war-torn Tripoli, Damascus
  • As distributors overcharge, govt plans to sell LPG directly to consumers
    As distributors overcharge, govt plans to sell LPG directly to consumers
  • For the first time, Shipping Corp to buy two vessels using Tk900cr of its own funds
    For the first time, Shipping Corp to buy two vessels using Tk900cr of its own funds
  • Screengrab from Thikana talkshow
    Jamaat ameer offers unconditional apology for all past wrongs, including during Liberation War
  • Representational image/Reuters
    Forex reserves rise to $22.24b with WB fund

Related News

  • Bangladesh launches eco-industrial park initiative to drive greener industrial future
  • ACC seeks info on 15yr banking irregularities; 3 ex-governors, conglomerates in crosshairs
  • Govt declares 5 August 'July Mass Uprising Day', 8 August 'New Bangladesh Day', 16 July 'Martyr Abu Sayed Day'
  • Unregulated, untested fertiliser use threatening soil health, food security: Experts
  • Integrated framework to be developed for listing MNCs, robust local companies: BSEC

Features

Sujoy’s organisation has rescued and released over a thousand birds so far from hunters. Photo: Courtesy

How decades of activism brought national recognition to Sherpur’s wildlife saviours

14h | Panorama
More than half of Dhaka’s street children sleep in slums, with others scattered in terminals, parks, stations, or pavements. Photo: Syed Zakir Hossain

No homes, no hope: The lives of Dhaka’s ‘floating population’

1d | Panorama
The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

3d | Features
Graphics: TBS

Who are the Boinggas?

3d | Panorama

More Videos from TBS

What did Asif Mahmud say in response to Ishraq's statement?

What did Asif Mahmud say in response to Ishraq's statement?

11h | TBS Today
Iran-Israel ceasefire after 24 hours of violence

Iran-Israel ceasefire after 24 hours of violence

11h | Others
Halishahar beach emerges as a new tourist hotspot

Halishahar beach emerges as a new tourist hotspot

1h | TBS Stories
Who Benefits From The 12-day Iran-israel Conflict?

Who Benefits From The 12-day Iran-israel Conflict?

12h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net