Bangladesh to Invest in SEA-ME-WE-5 Submarine Cable System

The Ministry of Posts and Telecommunications and Bangladesh Submarine Cable Company Limited (BSCCL) plan to sign a contract for SEA-ME-WE-5 submarine cable system.

As The Daily Star reports, SEA-ME-WE-5 will connect 20 countries in the Asia-Pacific and Europe.

The landing of a cable in Kuakata in Patuakhali district is expected in the first quarter of 2016.

The loans from the Islamic Development Bank will be used to fund the construction of the cable, in which Bangladesh will invest a total of US$ 70 million, Submarine Networks reports.

The cable contract will be signed in March in Kuala Lumpur, Malaysia.

Singapore, Indonesia, Thailand, Myanmar, Sri Lanka, Pakistan, UAE, Oman, Saudi Arabia, France, Telstra of Australia and Taiwan are part of the cable consortium.

Subsea World News Staff, February 17, 2014

Share this article

Follow Subsea World News

Events>

<< Jun 2018 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Subsea Connect EMEA 2018

The first ever Subsea Connect welcomed 248 attendees from 100 companies, representing 31 countries…

read more >

Global Offshore Wind 2018

In 2018, RenewableUK presents the association’s 17th annual offshore wind energy conference and exhibition…

read more >

IADC World Drilling 2018 Conference & Exhibition

IADC World Drilling 2018, through high-level panels and speakers and through cutting-edge technical papers, will chart each inflection point…

read more >

Annual Ghana Summit 2018

The 8th Annual Ghana Summit took place 22 – 23 June 2017 and was a huge success…

read more >