ICT’s impacts on Bangladesh’s economy

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More than 120 companies export information and communications technology (ICT) products valued nearly $1 billion to 35 countries, in Bangladesh. By 2021, it’s predictable that this will increase to about $5 billion. Indeed, the growing strength of the ICT Industry supports the four vital pillars that will support Bangladesh’s alteration to a digital economy by 2021, and an information economy by 2041.

Announced in 2008 and officially released by Prime Minister Sheikh Hasina in 2009, the Digital Bangladesh Vision classifies human resource development, connecting citizens, digital government and the aforementioned promotion of the ICT industry as perilous to meeting these transformation targets. Here’s why they are so vital:

Human resource growth

The go programs to get the talent pool prepared to deliver value on a global scale, we have qualified more than 65,000 Information Technology Enabled Services (IT/ITeS) professionals in the former year.

Advancement of the ICT industry

The vibrant and rapidly rising ICT industry in Bangladesh is the 4th area supporting digital transformation. They serve clients in an array of domains, comprising financial services, telecoms, and healthcare, and drive the IT/ITES engine following some of the world’s most global companies.

The four pillars behind Digital Bangladesh are supported by strong government support and commitment. Bangladesh is experiencing nearly 8% gross domestic product (GDP) evolution and is one of the fastest-growing economies in the realm. The government wants Bangladesh to be a doorway for the digital world and has started numerous initiatives to develop a skilled, equipped and digital-ready pool of talent. Our education system creates more than 500,000 university graduates every year and, thanks to the summary of several dedicated training.
Source: https://www.globalanalyticsmarket.com

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