Dhaka, Jan. 31 -- Country's maiden green-data centre will be established near the port city of Chattogram to encourage foreign investment and provide cheaper services.

The Asian Development Bank (ADB) and the Bangladeshi government have partnered to set up the data centre, according to BMI, a unit of Fitch Ratings.

The project, to be developed under a public-private partnership (PPP) model, will use renewable energy for the data services pivoted by two new subsea cables.

Bangladesh currently "lacks an established market for data centre and compute infrastructure", the ratings agency says.

It further says most existing facilities are concentrated in Dhaka but are considered outdated, with designs that do not support modernisation or ex...