The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved the 'Modernization of Telecommunication Network for Digital Connectivity' project involving Tk 2,573.40 crore to build reliable and modern telecommunication facilities in the country.
The approval came from an Ecnec meeting held at the NEC conference room with its Chairperson and Prime Minister Sheikh Hasina in the chair.
Briefing reporters after the meeting, Planning Minister AHM Mustafa Kamal said a total of 10 projects were approved involving an estimated cost of Tk 5,783.4 crore.
"Of the total project cost, Tk 3,296.32 crore will come from the national exchequer, Tk 15 crore from the organisation's own fund while the rest of Tk 2,472.08 crore from project assistance," the minister said.
Of the approved 10 projects, nine are new while one is revised project.