The approval came at a regular meeting chaired by Prime Minister Sheikh Hasina.
People in the haor regions were delighted when they learned the news and expressed gratitude towards the prime minister and MA Mannan, the planning minister, for his contribution to getting the university approved.
The Cabinet approved the draft of the bill on December 30 last year.
At the initiative of the district administration, thousands of people participated in a rally to congratulate the Prime Minister on January 5.
Mentioning that the Prime Minister gave many gifts to the people of Sunamganj, the Planning Minister said she gave the university as a gift this time.
Mannan was hopeful that the Prime Minister will place the foundation stone of the university this year.
With Sunamganj Science and Technology University, the number of science and technology universities will be 20 in the country and that of the total public universities 43 except medical universities.