FPT IS signs 2nd ERP contract in Bangladesh

The signing ceremony of the contract on "Providing and implementing ERP/EAM" for Electricity Generation Company of Bangladesh Limited (EGCB) took place on October 18.

The signing ceremony was attended by Chairman of EGCB Board cum the Secretary of Power Division, Ministry of Power, Energy and Mineral Resources, the Government of Bangladesh; Members of the Board of Directors, Board of Management, representatives from SAP India, Flora Limited and the project team as well as nearly 40 EGCB employees.

Within 18 months, FPT IS will deploy SAP's leading solutions for EGCB with 04 components: core ERP system; Human Resource Management System; Enterprise asset management (EAM) and Business Intelligence (BI). If the project is successfully implemented, it will become the basis for its deployment in all 14 member companies under the Bangladesh Power Development Board (BPDB).

According to FPT IS CEO Pham Minh Tuan, this bears testament to the friendly relations between Bangladesh and Vietnam. "FPT IS fuels its long-term investment in Bangladesh by running an office in Dhaka, building relationships with local partners and employing local people. The company is committed to the best value for the customer, contributing to the IT development in particular and Bangladesh’s development in general,” said Mr. Tuan.

According to Mr. Monowar Islam, Chairman of EGCB Board cum the Secretary of Power Division, Ministry of Power, Energy and Mineral Resources, the Government of Bangladesh, Vietnam was a developing country worth learning. He also stressed the importance of ERP/EAM in the power sector modernization of Bangladesh, especially the two modules FICO and HRM. He also expected that after the deployment, FPT IS project team would keep direct support and give warranty on ERP/EAM.

The USD 8.8 million project is the 2nd one in Utilities won by FPT IS in this country. FPT IS beat 06 leading companies with many years of experience from countries such as Korea, India and China to win the project.

So, after two years in Bangladesh market, FPT IS has won 4 big contracts with a total value of nearly 60 million, equivalent to VND 1,350 billion.