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>

<< Aug 2019 >>
MTWTFSS
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 31 1

Submarine Networks World 2019

As the key annual gathering for decision makers in the subsea communications value chain, they offer a dedicated platform…

read more >

8th International Conference 2019 Offshore Wind Power Substations

The International Conference Offshore Wind Power Substations is a technical event for experts in the wind industry.

read more >

Wind Turbine Towers

Wind Turbine Towers is a technical event for experts in the wind industry and the goal is to push forward technical development for future tower concepts.

read more >

Seatrade Europe 2019

The three day event will  take place in the hub of the European cruise industry, Hamburg; Germany…

read more >