Government moves to increase ICT exports | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
May 26, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, MAY 26, 2025
Government moves to increase ICT exports

ICT

Abul Kashem
31 January, 2021, 11:00 am
Last modified: 31 January, 2021, 12:35 pm

Related News

  • Govt to boost ICT exports to offset US tariff impacts: CA's Special Assistant Taiyeb
  • No new initiatives for expatriate workers in proposed budget
  • ICT exports must reach $5b target by 2025: Commerce minister to BASIS delegation

Government moves to increase ICT exports

Initiatives include employing expatriate information technologists, setting up ICT desks in embassies plus establishing relationships between Bangladeshi companies-ICT hubs of different countries

Abul Kashem
31 January, 2021, 11:00 am
Last modified: 31 January, 2021, 12:35 pm

The government is going to create a database of second-generation Bangladeshis living in different countries – who are skilled in information technology (IT) – to increase exports of the information and communications technology (ICT) sector and provide more jobs for freelancers.

In addition, ICT desks will be set up in Bangladesh's embassies to provide job opportunities for expatriate information technology professionals, who will link Bangladesh with the ICT companies of those countries.

Through this, initiatives will be taken to increase foreign investment and exports in this sector.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The decisions came at a meeting between the Ministry of Foreign Affairs and the ambassadors of Bangladesh to different countries on 28 December. Top officials of the government and non-governmental ICT-related organisations also attended the meeting.

In the meeting, co-chaired by Foreign Secretary Masud Bin Momen and Managing Director of the Bangladesh Hi-Tech Park Authority Hosne Ara Begum, the ambassadors said Bangladesh has huge potential in exporting ICT products and services to different countries.

They emphasised the importance of employing expatriate information technologists, setting up ICT desks in embassies, establishing relationships of Bangladeshi companies with ICT hubs of different countries, and formulating different strategies based on country and region.

Bangladesh set an export target of $5 billion in the ICT sector by 2021. But it is not possible to achieve due to a lack of skilled human resources and market. In the last financial year, the exports of the ICT sector were about $1 billion.

The major buyers of ICT products and services from Bangladesh are the United States (US), the United Kingdom, the European Union, the United Arab Emirates, Saudi Arabia, South Africa, Malaysia, and Singapore.

The government now wants to increase ICT exports to $5 billion by 2025.

At the meeting, the foreign secretary requested IT and IT-enabled associations share or develop some documents – with features on fintech, Bitcoin, gaming, artificial intelligence (AI), and robotics technologies – that explain who the experts and dominant forces are in those areas when negotiating with other countries.

He also requested that all the Bangladesh missions abroad share tech or business-related proposals with the Ministry of Foreign Affairs.

Ambassadors of Bangladesh to different countries – including the US, Libya, Belgium, the Netherlands, Kuwait, and Bahrain – mentioned that ICT is one of the high potential sectors for Bangladesh. They expressed the importance of developing a network or platform for non-resident Bangladeshis who are really interested in working for Bangladesh.

SK Sekander Ali, ambassador of Bangladesh to Libya, said, "Before the civil war, China and India worked in the ICT sector in Libya but they have left due to this war. Bangladesh has the opportunity and potential to occupy this void."

Ambassadors mentioned that many Bangladeshi expatriates have sufficient skills to work in the top IT sectors in different countries but they are not doing well because of a lack of communication skills.

In this regard, the foreign secretary requested them to explore the possibilities of sending skilled people or students to different countries, including the US.

M Riaz Hamidullah, Bangladesh's ambassador to the Netherlands, stated the western world is now shifting towards data mining, big data manipulation and cryptocurrency, so it is time Bangladesh addresses these developments and plans accordingly to train the country's students and human capital. 

"Bangladesh needs to clarify the legal issues, financial features and other ICT-based sensitive issues. IT is very sophisticated knowledge and for this reason, Bangladesh must change its conventional pitching methods used in the manufacturing sector," he added.

Ambassadors from Middle Eastern countries mentioned that there is a great need for technical expertise in the region which Bangladesh can take advantage of.

Major General Md Ashikuzzaman, Bangladesh ambassador to Kuwait, said besides ICT, there are lots of opportunities for: pharmaceuticals, agriculture, ready-made garments, and other sectors. He emphasised the importance of hiring or creating IT based posts in every embassy to work in the IT sector.

Masudur Rahman, the deputy chief of mission to Beijing said, a Chinese company has already completed building a national data centre in Bangabandhu Hi-Tech Park which is the largest in Asia. So, Bangladesh can advertise digitisation, digital government and other digital innovation through the Hi-Tech Park authority.

"China is becoming the global leader in: AI, robotics, building software, etc. Additionally, China is now working on data safety and security which is another potential area for Bangladesh to benefit from. Further, many are now relocating their industries from China to other countries from which Bangladesh can seek opportunities," he added.

Bangladesh / Top News

new initiatives / increase ICT exports / ICT export

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • A file photo of the NBR Bhaban in Agargaon, Dhaka
    FY26 Budget: Surcharge to be levied on actual tax to promote transparency
  • Showkat Aziz Russell, Anwar-ul Alam Chowdhury Parvez, Razeeb Haider. Photos: Collected
    Business leaders decry 'economic assassination' amid crippling gas crisis
  • A BNP delegation led by senior leader Khandaker Mosharraf Hossain meets with Chief Adviser Muhammad Yunus during a meeting at Guest State House Jamuna on 24 May 2025. Photo: CA Press Wing
    Stalemate over election: Resolving or deepening?

MOST VIEWED

  • Infographic: TBS
    New transport strategy for Dhaka seeks to promote walking, cycling
  • Protesting NBR officials speak at a press conference on 25 May. Photo: TBS
    NBR protesters announce indefinite halt to nearly all import-export activity from tomorrow
  • File photo of Sajib Barai. Photo: TBS
    Barishal medical student ends life after citing 'excessive academic pressure'
  • Trucks and containers pile up at Chattogram port as customs officials continue full-day strike on 25 May 2025. Photo: TBS
    41,314 containers stuck at Ctg port as custom house strike continues for 2nd day
  • FIre service officials taking the bodies after a truck hitting a motorcycle in Banani left two people killed on the spot on 25 May 2025. Photo: TBS
    2 killed after truck hits motorcycle in Banani
  • Showkat Aziz Russell, Anwar-ul Alam Chowdhury Parvez, Razeeb Haider. Photos: Collected
    Business leaders decry 'economic assassination' amid crippling gas crisis

Related News

  • Govt to boost ICT exports to offset US tariff impacts: CA's Special Assistant Taiyeb
  • No new initiatives for expatriate workers in proposed budget
  • ICT exports must reach $5b target by 2025: Commerce minister to BASIS delegation

Features

The Hili Land Port, officially opened in 1997 but with trade roots stretching back to before Partition, has grown into a cornerstone of bilateral commerce.

Dhaka-Delhi tensions ripple across Hili’s markets and livelihoods

10h | Panorama
Photo: Collected

Desk goals: Affordable ways to elevate your study setup

16h | Brands
Built on a diamond-type frame, the Hornet 2.0 is agile but grounded. PHOTO: Asif Chowdhury

Honda Hornet 2.0: Same spirit, upgraded sting

17h | Wheels
The well has a circular opening, approximately ten feet wide. It is inside the house once known as Shakti Oushadhaloy. Photo: Saleh Shafique

The last well in Narinda: A water source older and purer than Wasa

2d | Panorama

More Videos from TBS

27 wildlife rescued in mini zoo raid

27 wildlife rescued in mini zoo raid

9h | TBS Stories
How the small country in South America has become the subject of research.

How the small country in South America has become the subject of research.

9h | Others
All Israeli armored brigades are now deployed in Gaza

All Israeli armored brigades are now deployed in Gaza

10h | TBS World
India-Pakistan, China-Iran; Why is everyone pulling the Taliban closer?

India-Pakistan, China-Iran; Why is everyone pulling the Taliban closer?

10h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net