• Arya News AgencyEnglish
    • خبرگزاری آریافارسی
    • وکالة آریا للأنباءالعربیه
Thursday, September 24, 2026
  • Home
  • Iran
    • World
      • Economy
        • Sports
          • Technology
            • Archive
            Technology

            Bangladesh’s high-tech parks fail to deliver on promise

            Monday, September 14, 2026 - 10:21:51
            • 4 دقیقه زمان مطالعه
            Bangladesh’s high-tech parks fail to deliver on promise
            Arya News - Stakeholders say the facilities need a shift in focus from large buildings to skilled workers and industry-driven training.

            DHAKA – They blamed a shortage of skilled workers, weak industry-academia links, poor maintenance, high operating costs and inadequate institutional support for the failure.
            Speaking at a virtual discussion titled “Hi-Tech Parks: What is the Mission? What is the Reality?” yesterday, they said the government does not necessarily need to abandon the parks now. Instead, it should focus on making them useful, improving governance and providing the support businesses need.
            From 2009 to 2023, the Awami League government built the parks, expecting the infrastructure to drive investment and create a technology boom.
            “But results so far clearly show that the assumption was not the right one,” said M Rokonuzzaman, professor of Electrical & Computer Engineering at North South University.
            He cited Taiwan, South Korea, Malaysia and Singapore as examples of countries where technology ecosystems grew through stronger links between industry, skills, research and government support.
            Faiz Ahmad Taiyeb, former special assistant to the chief adviser, blamed the failure partly on establishing the parks in economically weak areas instead of integrating them with existing commercial hubs.
            He said many of the parks were built without considering whether a viable economy already existed around them.
            Faiz also questioned the credibility and effectiveness of the training ecosystem, saying the training facilities alongside the parks did not guarantee a steady supply of industry-ready workers.
            Rafel Kabir, managing director of DNS Software Ltd, said the parks should have focused on producing core technologies, such as motherboards and chips fabrication.
            At the programme organised by the Power and Participation Research Centre (PPRC), entrepreneurs from different parks also spoke about the obstacles they face.
            Mohammad Mohidul Islam, managing director of software firm Ongsho at Jashore High-Tech Park, said around 40 companies are trying to stay afloat independently there without effective ecosystem support.
            Jashore High-Tech Park was established in December 2017.
            Mohidul said the authority treats them as tenants rather than entrepreneurs.
            Md Ashafuddoza Shishir, co-founder and chief operating officer of Netro Systems Ltd and Telzen, said ventures from Rajshahi Hi-Tech Park have managed to develop global footprints.
            But the direct benefits of operating in the park are limited, he said. “The tangible benefit for companies in Rajshahi park is confined to tax exemptions, as direct authority support for startups is largely absent.”
            Farhana A Rahman, chairperson and CEO of UY Systems Ltd, said similar problems are visible at Kaliakoir Hi-Tech Park, where companies were offered plots without the wider services needed to build a functioning business ecosystem.
            “We remain trapped in a loop of grandiose promises about high-tech parks, yet despite the building of so many facilities across the country, real progress on the ground is absent,” she said.
            “The Kaliakor Hi-tech Park offered land plots but no supportive services. So, many later surrendered their allocations,” Farhana added.
            Hossain Zillur Rahman, executive chairman of PPRC and moderator of the discussion, said Bangladesh does not need to abandon the high-tech park model altogether.
            He said that the country should rebuild it on firmer foundations, with reliable utilities, accountable governance and support systems that treat companies as partners rather than tenants left to fend for themselves.
            “Long-term success requires shifting focus from building physical real estate to cultivating soft infrastructure, skilled human capital, and industry-driven training,” he added.

            Short Link:
            News Code:
            Member Code:

            More News
            Seoul eyes US$22.3billion Texas gas project as first under US$350 billion investment pact
            Seoul eyes US$22.3billion Texas gas project as first under US$350 billion investment pact
            • More News
            • Azerbaijan pardons French national Martin Ryan jailed on spy charges
            • Iran’s Pezeshkian slams ‘terrorist’ US but extols diplomacy in UN speech
            • US open to Cuba talks on government change, Marco Rubio says
            • Argentina’s Milei says UN ‘looking the other way’ on Falkland Islands
            • Harvey Weinstein sentenced to 15 years in New York sexual assault retrial
            • US judge delays ruling on White House ban of CNN, MS NOW, Politico
            • FBI investigates alleged theft of ‘very sensitive’ employee data
            • Board of Peace plans $2.4bn Gaza reconstruction as Israel kills seven
            • Ukraine’s Zelenskyy calls for sustained pressure to end ‘Putin’s crazy war’
            • US lawmakers seek sanctions for Israel’s ‘E1’ West Bank settlement plan
            • As major powers act unilaterally, experts say UN faces crisis in New York
            • Trump administration invites Putin to attend G20 summit in Miami
            • Gaza flotilla activist on hunger strike in Tunisia jail ‘on verge of death’
            • Israel’s ambassador to the US says son injured in West Bank car-ramming
            • US aviation sanctions disrupt Iran flights, push travellers overland
            • Trump greets China’s Xi Jinping on arrival for three-day US trip
            • Iran Refuses to Hold Talks With US Until It Fulfills Iran`s Conditions - Security Council
            • USMNT`s striker shortage puts Damion Downs and a group of unproven forwards in the spotlight
            • Ivory Coast vs Ghana: AFCON 2027 qualifier, kick-off time, lineups, teams
            • Manchester United losses jump nearly a third to $57m despite record revenue
            • Harry Kane thinking about two-sport experience of being an NFL placekicker while playing in MLS
            • NATO Reconnaissance Aircraft Flying Near Russia`s Kaliningrad Region Borders for 3rd Day
            • Portugal vs Wales: UEFA Nations League – teams, start, lineups, Ronaldo
            • Wolfsburg terminate Christian Eriksen’s football contract by mutual consent
            • Russia Hits Key Internet Traffic Facilities of Ukraine Defense Ministry in Kiev


              خبرگزاری آریا

              "Arya News Agency" is an official and independent Iranian news agency with the slogan "Transparent, honest and professional movement in information dissemination."

              Join with Us:

              Thursday, September 24, 2026
              News Groups:
              • Iran
              • World
              • Economy
              • Sports
              • Technology
              Arya Group:
              • Arya Strategic Studies Center
              • Arya Smart Land Company
              • Arya Pioneers of Thought Publishing House
              © - Arya News Agency
              About us| Contact us| RSS| Links| Advanced search