5 billion dollar export_revised_19_01_2016

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US$5 bn IT/ ITeS Export by 2021: Scope for Public Private Collaboration

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US$5 bn IT/ ITeS Export by 2021: Scope for Public Private Collaboration

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.

THE STORYSO FAR

We are a young,

thriving nation.

OURPROGRESS

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

Our IT industry is

booming

VS

Government Commitment

GOVERNMENT IS INVESTINGIN 20 ICT PROJECTS

WORTH US$300 MILLION

Apathetic Lunatic

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

Apathetic Lunatic

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.

HURDLESTO CLEAR

GovernanceInfrastructurePolicy InconsistencyLack of Human Resources

TOGETHERFORWARD

SWOT AnalysisMarket Niche

Institutional ReformPolicy Reform

Government InvestmentPPP Projects

HURDLESTO CLEAR

GovernanceInfrastructurePolicy InconsistencyLack of Human Resources