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Search date: 25-07-2019 Return to current date: Click here

Summit Technopolis signs deal with NetWorld Holdings

July 25, 2019 00:00:00


MD of Summit Technopolis Abu Reza Khan and MD of NetWorld Holdings Sabik Rahman signing an agreement for setting up a Magnetic Ink Character Recognition (MICR)-encoded cheque book and management service plant in presence of State Minister for ICT Zunaid Ahmed Palak at the ICT Tower at Agargaon in the city recently

The NetWorld Holdings signed an agreement with Summit Technopolis recently to build a facility that will print Magnetic Ink Character Recognition (MICR)-encoded cheque book on two acres of land at Bangabandhu Hi-Tech City in Kaliakoir, Gazipur, said a statement.

Under the agreement, Summit Technopolis, a company of Summit Group, will provide infrastructural support to the NetWorld Holdings for an outlay of about USD 1.0 million investment initially to be raised up to USD 10 million in phases. The plant is likely to commence operation by early 2020.

MD of Summit Technopolis Abu Reza Khan and MD of NetWorld Holdings Sabik Rahman signed the agreement at the ICT Tower at Agargaon in the city recently.

State Minister for ICT Zunaid Ahmed Palak, Managing Director of Bangladesh Hi-Tech Park Authority Hosne Ara Begum, Vice Chairman of Summit Group Farid Khan and Director of Summit Group Fadiah Khan attended the signing ceremony.


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