[Asia Economy Reporter Su-yeon Woo] Daehan Electric Wire & Cable Co., Ltd. is achieving success in expanding its overseas infrastructure development projects by winning a contract for the construction of an Information and Communication Technology (ICT) education center in Bangladesh.


Daehan Electric Wire & Cable announced on the 1st that it had won the 'ICT Education and Training Center Construction Project' ordered by the Bangladesh Bureau of Educational Information and Statistics (BANBEIS), under the Ministry of Education of Bangladesh. This project is a large-scale project worth 60 million USD to build centers specializing in ICT education and training in 160 Upazilas (administrative districts in Bangladesh).


Daehan Electric Wire & Cable, together with Iljin Construction Industry and education specialist company Ubion, will construct 160 education and training centers, establish ICT systems and equipment, and provide comprehensive infrastructure and solutions for ICT education, including the development of educational content and e-Learning systems. To cultivate professional teachers, about 100 personnel will be selected locally in Bangladesh and dispatched to Korea for training. Based on this, it is expected that 180,000 primary and secondary school teachers in Bangladesh will be able to receive professional IT education in the future.


On the 31st, officials are taking a commemorative photo at the contract signing ceremony for the 'Bangladesh ICT Education and Training Center Construction Project.' From the right: Lee Yong-jong, Executive Director of Ubion; Kwak Dae-sik, Managing Director of Korea Electric Wire; Byun Young-nam, Executive Director of Iljin Construction Industry; Jang Young-deok, President of Yuil Engineering; Park Sung-wook, Manager of DB Inc. Photo by Korea Electric Wire

On the 31st, officials are taking a commemorative photo at the contract signing ceremony for the 'Bangladesh ICT Education and Training Center Construction Project.' From the right: Lee Yong-jong, Executive Director of Ubion; Kwak Dae-sik, Managing Director of Korea Electric Wire; Byun Young-nam, Executive Director of Iljin Construction Industry; Jang Young-deok, President of Yuil Engineering; Park Sung-wook, Manager of DB Inc. Photo by Korea Electric Wire

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This project is an Official Development Assistance (ODA) project funded by the Export-Import Bank of Korea’s Economic Development Cooperation Fund (EDCF) to promote digitalization and IT enhancement in Bangladesh. It will be carried out sequentially in a total of 489 Upazilas, with the first phase having been conducted in 125 locations in 2015. By winning this project, which accounts for one-third of the entire project, Daehan Electric Wire & Cable has increased the possibility of winning contracts for the remaining 204 regions to be carried out in the future.


A Daehan Electric Wire & Cable official stated, "We have successfully carried out infrastructure development projects in various fields such as information and communication and healthcare," adding, "By winning the education infrastructure project as well, we have secured competitiveness to expand our infrastructure business."



Meanwhile, Daehan Electric Wire & Cable formed a dedicated organization for overseas infrastructure development projects in the early 2000s and has accumulated achievements in various countries such as Mongolia, Senegal, and Mali. This year, after joining the Hoban Group, it plans to further expand its overseas infrastructure business.


This content was produced with the assistance of AI translation services.

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