ADN Telecom Limited has signed MoUs with South Korea鈥檚 prominent company PBS Co Ltd and CND Motors Co Ltd to collaborate in sustainable infrastructure, renewable energy, and smart mobility solutions in Bangladesh.
The agreements encompass three major projects aimed at supporting Bangladesh鈥檚 technological advancement and sustainable growth鈥� assembly and supply of electric three-wheeler, intelligent traffic management and AI-based traffic signal solutions, solar streetlight installation project.
As part of the MoUs, ADN will initiate preliminary steps to establish assembly facilities and drive sustainable technology projects in Bangladesh, especially in Hi-Tech Parks, said a press release.
The Korean counterpart will contribute cutting-edge technology, equipment, and technical expertise. ADN shall facilitate project implementation and market development.
The collaborations will be executed through joint collaboration to be established in Bangladesh, with the aim of ensuring technology transfer, local job creation, and long-term operational Sustainability.