Bangladesh is projected to achieve $5 billion in ICT exports within the next five years.
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Bangladesh seeks to enhance its ICT exports to $5 billion by the year 2030. Explore the government's strategies, key points from the BPO Summit, advancements in infrastructure, and the emphasis on frontier technology and artificial intelligence.
Bangladesh Aims for $5 Billion ICT Export Goal by 2030: The Future of BPO & Technology
Bangladesh is charting an ambitious path to establish itself as a significant global player in the ICT sector. The government has unveiled plans to boost the nation’s ICT product exports to $5 billion by the year 2030. This announcement was made during the 6th BPO (Business Process Outsourcing) Summit held at Sena Prangan, Mirpur, Dhaka.
🏛️ New Data Protection Legislation to Open European ICT Market
Fayez Ahmed Tayeb, the Prime Minister’s Special Assistant for Telecom and ICT, remarked:
"Our objective is to present the draft of the Personal Data Protection Act to the Advisory Council by July 15. Once it is approved, there will be no obstacles for Bangladesh to penetrate the European ICT market."
The legislation will conform to international standards such as GDPR, thereby enhancing global confidence in Bangladesh’s digital offerings.
💳 Payment Gateway Integration: Simplifying Global Transactions
The government has already facilitated the integration of Google Pay and is currently negotiating with Stripe and PayPal to streamline international payments. This initiative will enable freelancers, startups, and IT enterprises to conduct seamless global financial transactions.
🏢 Software Parks to Stimulate Growth in Dhaka
Plans are in motion to establish advanced Software Parks in locations including Kamrangirchar, Mirpur, Tejgaon, and Purbachal. Fayez Ahmed Tayeb stated:
"Once these parks are completed, we will provide affordable office spaces for IT companies and startups."
This initiative is anticipated to encourage innovation and lower entry barriers for entrepreneurs.
🧠 Digital Public Infrastructure (DPI): From Isolation to Integration
The government is also prioritizing the development of a cohesive Digital Public Infrastructure (DPI) to eradicate fragmented digital systems. This initiative will provide "One-Stop Services" for citizens, facilitating access and improving governance efficiency.
🌍 Frontier Technology and Artificial Intelligence: The Government's New Emphasis
Abu Sayeed, the Director General of the Department of ICT, emphasized:
"As reported by UNCTAD, the global market for frontier technology is presently valued at $2.5 trillion and is experiencing an annual growth rate of 20%. By the year 2033, it is projected to increase to $16.4 trillion."
Bangladesh is striving to secure a portion of this burgeoning market by redirecting incentives towards artificial intelligence, robotics, and advanced technologies.
🧑💻 BPO Summit: A Venue for Employment, Startups, and Innovation
Tanvir Ibrahim, the President of the Bangladesh Association of Contact Center and Outsourcing (BACCO), stated:
"This summit is not solely for the BPO sector; it serves as a platform to motivate and equip young individuals for careers in technology and entrepreneurship."
Key Features of the Two-Day Summit:
9 seminars and workshops
Job fair
Special sessions for entrepreneurs
Local and international ICT and BPO exhibitions
🎯 Noteworthy attractions included:
Live demonstration of Starlink Satellite Internet
AR/VR booths focused on the history of Bangladesh
Exhibitions of drones, robotics, and submarine technology
🏙️ Intelligent Urban Development Through Technology
Adilur Rahman Khan, Adviser to the Ministry of Industry and the Ministry of Housing and Public Works, remarked:
"We are emphasizing technology-driven urban planning, IT parks, and contemporary office infrastructure to develop smart cities."
| Focus Area | Initiative/Progress |
|---|---|
| ICT Export | $5 Billion target by 2030 |
| Legal Reform | Personal Data Protection Law for global compliance |
| Payment Gateway | Google Pay launched, Stripe & PayPal in talks |
| Infrastructure | Software parks across major zones in Dhaka |
| Digital Services | Digital Public Infrastructure and One-Stop Centers |
| Technology Shift | Frontier Tech & AI incentives |
| Youth Empowerment | Startup support and employment initiatives |
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