SydneySun to set up video surveillance equipment plant
SydneySun International and its technology partner Dahua of China will invest $5 million at Summit Technopolis at the Bangabandhu Hi-Tech City in Gazipur to build the country's first video surveillance equipment manufacturing plant.
Abu Reza Khan, managing director of Summit Technopolis and Sagor Kumar Tito, managing director of SydneySun International, yesterday signed a land lease agreement to set up the plant over one acre of land, said Summit Group in a press release.
The prefabricated plant construction of semi-knocked down video surveillance equipment will begin soon and is expected to be operational by January 2021.
Initially, SydneySun is expected to employ about 90 Bangladeshi engineers along with 10 foreign experts. The manufactured products will be sold in both local and foreign markets.
Set up in 2004, SydneySun International is the distributor of safety and surveillance video solutions and is the sole authorised distributor of Dahua Technology of China.
It has deployed the city surveillance in Cox's Bazar and end-to-end solutions for the central command of the Bangladesh Highway Police, the press release said.
Hosne Ara Begum, managing director of the Bangladesh Hi-Tech Park Authority, and Md Shahid-ul-Munir, president of the Bangladesh Computer Samity, were present at the signing ceremony.
Summit Group Vice-Chairman Latif Khan and directors Fadiah Khan and Salman Khan attended the meeting virtually.