5 billion dollar export_revised_19_01_2016
TRANSCRIPT
THE STORYSO FAR
Bangladesh’s story is one of remarkable resilience and success, often in the face of great odds.
We all know our past, but not many know how bright the present is.
Moving up the curve
Last year Bangladesh joined the ranks of
lower-middle income country
44th
LARGESTECONOMYIN THEWORLD &33rd ECONOMY in terms of purchasing power parity
DIGITALLYDRIVEN
Over the past few years, we have become more digitally connected than ever. The number of Internet users has increased
by 27% and mobile subscribers have grown by 11% than last year.
from carbon economy to digital
Government Commitment
GOVERNMENT IS INVESTINGIN 20 ICT PROJECTS
WORTH US$300 MILLION
InfrastructureReady
Bangabandhu-I Satellite
1
2
3
One important project is establishing HTPs and STPs in all major cities.
World Beating Infrastructure
Tier 4 National Data Centre
FAVOURABLEPOLICIES
The Government has also been implementing favorable policies aimed at spurring the growth in the ICT sector. This includes:
• Tax exemption till 2024• Income tax exemption for
expatriates for 3 years
• Duty free import of capital assets & building materials
• No VAT on e-Commerce business
• Full repatriation of foreign capital and profit
Manpower Ready
Investing in HR also forms a key component of the Government’s Digitalization strategy. A few of their projects have been:
• 30,000 IT/ ITeS Training• 4,000 Skill Enhancement
Training• 4,000 Fast Track Future Leaders
• 1,000 Middle Management Training
• 23,000 IT skilled professionals through SEIP Project by BASIS
• 20,000 Freelancing Training
CompetitiveADVANTAGES
For anyone looking to invest in the ICT sector, Bangladesh offers a wide array of lucrative benefits.
• 22nd position in GSLI by AT Kearny• Ranked 17th for investor protection • One of the top 30 IT outsourcing
destinations• Abundant, skilled and cheap
workforce• Strategically convenient location
Awards:ICT’s Sustainable Development AwardWITSA Public Service AwardWSIS + 10 Award
GLOBAL BRANDPRESENCE
Samsung, Accenture and Augmedix are few of the global brands’ who are present in Bangladesh
LOOKINGOUTWARDS
This ambitious digital economy is not content to stay within our borders. Our success stories are already world-beaters, and many of them are now servicing the world
HURDLESTO CLEAR
Yet challenges and obstacles remain in the way of achieving the target of $5b ICT exports by 2021.There are legal and structural challenges that need to be addressed.
TOGETHERFORWARD
SWOT AnalysisMarket Niche
Institutional ReformPolicy Reform
Government InvestmentPPP Projects