A total of Tk 693.16 crore project to install 3rd submarine cable to expand the country’s international telecommunications system has been approved by Executive Committee of the National Economic Council (ECNEC) .
The approval came from a meeting of the ECNEC held on Tuesday with its chairperson and Prime Minister Sheikh Hasina in the chair, reports BSS.
The Premier chaired the meeting virtually from her official Ganobhaban residence while ministers, state ministers and secretaries concerned joined the meeting from the NEC Conference Room in the city’s Sher-e-Bangla Nagar.
Briefing reporters virtually after the meeting, General Economics Division (GED) member of the Planning Commission Prof Dr Shamsul Alam said that the day’s meeting approved a total of four projects involving an overall estimated cost of Tk 2,115.20 crore. “Of the total project cost, Tk 1,440.87 crore will come from the Government of Bangladesh portion, Tk 300.83 crore from the concerned organization’s own fund while the rest of Tk 373.50 crore as project assistance.”
Of the approved four projects, one is a fresh project while the rest of three others are revised projects.
Revealing the details of the project, Planning Commission member of the Physical Infrastructure Division Mamun-Al-Rashid said that Bangladesh Submarine Cable Company Limited (BSCCL) under the Ministry of Post, Telecommunications and ICT will implement the project by June 2024.
He informed that the SEA-ME-WE-6 submarine cable from Singapore to France will extend to the Mediterranean Sea through the Indian Ocean, Arabian Sea and Red Sea.
The cable will have core landing stations in Singapore, India, Djibouti, Egypt and France. The Bangladesh branch will stretch to the cable landing station at Cox’s Bazar through the Bay of Bengal.
With the installation of the new submarine cable, Bangladesh will get 6 terabyte per second of bandwidth that will boost internet speed and help launch 5G services in the country.
Once the project is implemented, it will be possible to meet the growing demand of uninterrupted modern broadband internet services across the country side by side it would also be possible to enhance manifold the capacity of BSCCL.
The Planning Commission member said Prime Minister Sheikh Hasina expressed her happiness for undertaking this time befitting project as the demand for bandwidth has increased manifold over the years.
The meeting was informed that once the 3rd submarine cable is installed through implementation of this project, extra bandwidth could be exported to the neighboring states of India (seven sisters) and also to Bhutan. Besides, the Kingdom of Saudi Arabia has also expressed their eagerness to procure bandwidth from Bangladesh.
Mamun-Al-Rashid informed that as the lone state-owned company, BSCCL is providing bandwidth services through submarine cable linked to South East Asia-Middle East-Western Europe-4 (SEA-ME-WE-4) and South East Asia-Middle East-Western Europe-5 (SEA-ME-WE-5). It has landing stations at Cox’s Bazar and Kuataka.
The country’s first submarine cable SEA-ME-WE-4 was launched in 2005 and the second one, SEA-ME-WE-5, was launched in 2017. These two submarine cables are being operated through separate consortium. The lifespan of the first submarine cable is 20 years, which will end in 2025.
As the first submarine cable is 15 years old, the rate of service disruption is higher due to maintenance-related reasons.
The day’s ECNEC meeting also approved the 1st revision of re-excavation of Arial Kha River, Haridoa River, Brahmaputra River, Paharia River, Meghna Branch River and Old Brahmaputra Branch River in Narsingdi district with an additional cost of Tk 403.14 crore.