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Kaliakair Hi‑Tech Park Investment Surges Past $800 Million

Kaliakair Hi‑Tech Park Investment Surges Past $800 Million

Kaliakair Hi‑Tech Park investment in Gazipur is rapidly emerging as a cornerstone of Bangladesh’s industrial and digital future. With investments now exceeding USD 800 million from more than 50 local and international firms. This dynamic growth highlights the nation’s increasing ability to act as the hub for electronics, information technology, and data infrastructure, and reinforces Bangladesh’s trajectory toward a high‑value, export‑oriented industrial economy. 

Originally conceptualized in 1999 to drive a technology‑led manufacturing base, the 355‑acre park has transformed into one of South Asia’s most active hi‑tech ecosystems. With 34 companies already operational and many more in advanced stages of construction, the park’s expansion is creating opportunities across sectors including automotive assembly, smartphone production, EV manufacturing, computer components, and cloud‑based services. Once a muddy barren land, the site now managed by the Bangladesh Hi-Tech Park Authority (BHTPA), has quickly become one of South Asia’s fastest-growing hubs. 

Major global and domestic firms such as Hyundai, Xiaomi, Walton Hi‑Tech Industries Ltd, Bangla Cars, and Daffodil Computers are operating within the park. A landmark project currently underway is a USD 200 million Tier‑IV data centre. The first of its kind in the country, which will enhance Bangladesh’s digital sovereignty by enabling local management of critical cloud and data storage. 

Once at full operational capacity, the park could host an estimated 50,000 jobs. The industrial park is also facilitating skills development through dedicated training initiatives. The Ministry of Commerce is building a training institute within the zone to support this next generation of tech‑savvy workers. 

Beyond production and employment benefits, the surge in investment at Kaliakair Hi‑Tech Park is set to boost exports of electronics and tech products, reduce reliance on imports, and help position Bangladesh as a competitive player in the global technology market. 

The continued confidence of both local and foreign investors signals a strengthening of the country’s industrial base and reflects a broader shift towards high‑value manufacturing and digital innovation.

Source: The Business Standard

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