Blab Tech
Bangladeshs Kaliakair Hi-Tech Park Secures $283 Million in Investment, Attracts Global AI Data-Centre Interest
On 8 August 2026, Posts, Telecommunications and Information Technology Minister Faqir Mahbub Anam announced that Bangladesh’s first high‑tech park in Kaliakair, Gazipur, has attracted $283 million in investment out of a proposed $1.636 billion. The figure represents the capital that companies have already committed, while the park continues to receive proposals from foreign investors.
The minister said the state‑run facility drew investment proposals worth $629 million from seven companies based in China, Japan, India, South Korea and the United States. Among the proposals are plans from Google, Meta and TikTok to invest in an artificial‑intelligence data‑centre project being developed by a U.S.‑based firm. The data‑centre is currently under construction.
The visit was part of a review of progress under the government’s 180‑day action plan. Minister Anam highlighted that the park is a key element of the “Made in Bangladesh” initiative, which aims to make domestic products more competitive on the global market. He said fiscal and non‑fiscal incentives are being prepared for investors.
According to an official statement, 85 companies have been allotted plots or space at the park, including seven foreign firms. Of those, 40 have started production or business operations, 28 are setting up plants, and 17 are expected to begin construction soon. The government has spent more than Tk500 crore on basic infrastructure, while companies have invested about $283 million, roughly Tk3,245 crore.
The park hosts a diverse range of manufacturers. Three mobile‑phone makers—Honor, Xiaomi and a third unnamed brand—operate there, along with two laptop manufacturers, an ATM and cash‑recycler producer, six fibre‑optic cable manufacturers, and three automobile makers, including Hyundai. Other products produced in the park include IoT devices, routers, switches, CCTV equipment, air conditioners, refrigerators, home appliances, kidney dialysis machines, kiosks and ATM machines. Two companies are also setting up data‑centres.
Minister Anam said that if a proper business ecosystem is developed, the park could generate direct and indirect employment for around one lakh people. He added that long‑term and predictable policy benefits, coupled with improved infrastructure, could increase local production, reduce import dependence, expand exports and generate skilled employment.
The government is preparing further measures to attract investment to hi‑tech parks. These include duty and tax benefits on capital machinery, VAT benefits on electricity and gas, and incentives for assemblers and emerging technology sectors.
Kaliakair Hi‑Tech Park was approved in February 2004 on 231.65 acres. An additional 97.33 acres were added in 2016, bringing the total area to 328.98 acres.
Other reports indicate that investment in the park has now exceeded $800 million from more than 50 local and foreign firms, underscoring the growing momentum of Bangladesh’s electronics, ICT, and data‑infrastructure sectors.
The park’s development aligns with Bangladesh’s broader industrialisation strategy, which seeks to diversify the economy beyond ready‑made garments and to strengthen the country’s position in high‑value manufacturing and digital services. The ongoing construction of the AI data‑centre and the continued inflow of foreign investment signal a steady trajectory toward that goal.
At present, the park remains a focal point for technology‑based industrial development, investment, and employment prospects in Bangladesh. The government’s next steps will involve finalising incentive packages and ensuring the infrastructure can support the projected growth in production and data‑processing capacity.
The situation remains dynamic, with further investment proposals expected as the park’s infrastructure and policy framework mature. The government’s commitment to creating a conducive environment for high‑tech manufacturing and services is likely to influence the pace and scale of future developments.
The minister said the state‑run facility drew investment proposals worth $629 million from seven companies based in China, Japan, India, South Korea and the United States. Among the proposals are plans from Google, Meta and TikTok to invest in an artificial‑intelligence data‑centre project being developed by a U.S.‑based firm. The data‑centre is currently under construction.
The visit was part of a review of progress under the government’s 180‑day action plan. Minister Anam highlighted that the park is a key element of the “Made in Bangladesh” initiative, which aims to make domestic products more competitive on the global market. He said fiscal and non‑fiscal incentives are being prepared for investors.
According to an official statement, 85 companies have been allotted plots or space at the park, including seven foreign firms. Of those, 40 have started production or business operations, 28 are setting up plants, and 17 are expected to begin construction soon. The government has spent more than Tk500 crore on basic infrastructure, while companies have invested about $283 million, roughly Tk3,245 crore.
The park hosts a diverse range of manufacturers. Three mobile‑phone makers—Honor, Xiaomi and a third unnamed brand—operate there, along with two laptop manufacturers, an ATM and cash‑recycler producer, six fibre‑optic cable manufacturers, and three automobile makers, including Hyundai. Other products produced in the park include IoT devices, routers, switches, CCTV equipment, air conditioners, refrigerators, home appliances, kidney dialysis machines, kiosks and ATM machines. Two companies are also setting up data‑centres.
Minister Anam said that if a proper business ecosystem is developed, the park could generate direct and indirect employment for around one lakh people. He added that long‑term and predictable policy benefits, coupled with improved infrastructure, could increase local production, reduce import dependence, expand exports and generate skilled employment.
The government is preparing further measures to attract investment to hi‑tech parks. These include duty and tax benefits on capital machinery, VAT benefits on electricity and gas, and incentives for assemblers and emerging technology sectors.
Kaliakair Hi‑Tech Park was approved in February 2004 on 231.65 acres. An additional 97.33 acres were added in 2016, bringing the total area to 328.98 acres.
Other reports indicate that investment in the park has now exceeded $800 million from more than 50 local and foreign firms, underscoring the growing momentum of Bangladesh’s electronics, ICT, and data‑infrastructure sectors.
The park’s development aligns with Bangladesh’s broader industrialisation strategy, which seeks to diversify the economy beyond ready‑made garments and to strengthen the country’s position in high‑value manufacturing and digital services. The ongoing construction of the AI data‑centre and the continued inflow of foreign investment signal a steady trajectory toward that goal.
At present, the park remains a focal point for technology‑based industrial development, investment, and employment prospects in Bangladesh. The government’s next steps will involve finalising incentive packages and ensuring the infrastructure can support the projected growth in production and data‑processing capacity.
The situation remains dynamic, with further investment proposals expected as the park’s infrastructure and policy framework mature. The government’s commitment to creating a conducive environment for high‑tech manufacturing and services is likely to influence the pace and scale of future developments.
