Information technology in Bangladesh

A computer lab in Bangladesh
A computer lab in Bangladesh

The information technology sector in Bangladesh had its beginnings in nuclear research during the 1960s. Over the next few decades, computer use increased at large Bangladeshi organizations, mostly with IBM mainframe computers. However, the sector only started to get substantial attention during the 1990s. Today the sector is still in a nascent stage, though it is showing potential for advancement.[1][2] Nonetheless, Bangladesh IT/ITES industry has fared comparatively well by achieving US$1.3 billion export earnings in FY 2020-21 and holding US$1.4 billion equivalent market share in the local market contributing 0.76 per cent to the GDP creating more than 1 million employment opportunities so far amid Covid-19 havoc that suddenly shattered businesses last year.[3][4] Consequentially, riding on the successes of IT/ITES sector-supported export-led industries as well as pro-private sector and conducive policies pursued by Bangladesh Government, the country is now poised to become a Developing Country by 2026, as recommended by the United Nations Committee for Development Policy (UNCDP), besides, Bangladesh now seeks to transform itself into a knowledge-based and 4IR-driven cashless economy, aiming to become a developed country by 2041.[4] The Bangladesh government has formulated a draft 'Made in Bangladesh– ICT Industry Strategy' aimed at turning Bangladesh into an ICT manufacturing hub, enhancing export of local products, attracting foreign investment and creating employment proposing to implement in three

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terms— short term from 2021 to 2023, mid-term from 2021 to 2028 and long term from 2021 to 2031 for implementation of the 65 action plans.[5]

  1. ^ "Bangladesh to emerge as software exporter in global market". The Daily Star. BSS. 21 February 2010. Archived from the original on 4 March 2016. Retrieved 20 July 2013.
  2. ^ "'Bangladesh next hub in IT sector after China, India': Ed Franklin". Banglanews24.com. Archived from the original on 20 July 2013. Retrieved 20 July 2013.
  3. ^ Latifee, Enamul Hafiz (14 September 2021). "IT sector at post-LDC time: Forging industry-academia partnership". The Daily Observer (Bangladesh). Retrieved 15 September 2021.
  4. ^ a b Latifee, Enamul Hafiz (16 December 2021). "Next Export Front-Runner". Khaleej Times. Retrieved 25 December 2021.
  5. ^ Latifee, Enamul Hafiz; Khandaker, Md. Motassir; Islam, Majhar; Mahareen, Julfa (31 December 2021). BASIS Foreign Exchange Manual 2021 (PDF) (1st ed.). Bangladesh Association of Software and Information Services (BASIS). p. 13. Retrieved 3 January 2022.