ঢাকা, বুধবার, ২২ নভেম্বর ২০১৭, ৮ অগ্রহায়ণ ১৪২৪

Company structure to run Bangabandhu Satellite

২০১৭ জুলাই ০৩ ১০:৪৮:১৩
Company structure to run Bangabandhu Satellite

The government has constituted 'Bangladesh Communication Satellite Company Limited' to operate the country's first satellite 'Bangabandhu Satellite-1'.

A proposal to this effect was approved at the cabinet meeting presided over by Prime Minister Sheikh Hasina in the Secretariat on Monday.Cabinet Secretary Mohammad Shafiul Alam told reporters after the meeting. He said the process of inauguration of Bangabandhu Satellite-1 is underway. Hope this will happen soon.He said that decision to form a company for conducting Bangabandhu satellite has been decided. Those who are its original manager, say it needs a company to run Lokani. The company name has been proposed by Bangladesh Communication Satellite Company Limited.He said that the company will be formed with authorized capital worth Tk. 5,000 crore. It will have a total of 500 million shares, each of which will cost 10 rupees.The Cabinet Secretary said that the proposal to set up a 11-member committee for managing the company was proposed. All members will be government employees. Among them, the postal and telecommunication secretary, additional secretary, representatives of the finance department, representative of the information ministry and Defense Ministry representative. There will also be two managing directors appointed by a managing director and government. The chairman of the post and telecommunications will be the secretary.

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