FPT wins US$6.6 mln contract in Bangladesh
(VOV) - FPT IS, an information system affiliate of the Corporation for Financing and Promoting Technology (FPT), has been awarded a US$6.6 million contract to supply and implement an integrated income tax management system for Bangladesh.
A FPT IS spokesperson announced the project is scheduled to be completed over 16 months, with funding provided by the Asian Development Bank (ADB).
Upon completion, it is expected to reduce time and expense for 1,200 tax officials and 3 million tax payers in carrying out income tax transactions via the Internet.
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It should also help enhance management capacity via a modern information technology system for Bangladesh tax authority.
FPT IS Director Pham Minh Tuan said Bangladesh is one of the key markets in the company’s global strategy. The Bangladesh deal increased its contracts overseas in the first eight months of this year to 13 with a combined value of US$25 million.