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ICT among 6 promising sectors in Bangladesh that can help earn $60bn by 2023
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Dhaka, Nov. 8 -- The Information and Communications Technology (ICT) and IT-enabled services in Bangladesh have been maintaining a double-digit Compound Annual Growth Rate (CAGR) over the last ten years. Also, the domestic market share of local IT/ITES (Information Technology Enabled Service) firms is growing rapidly, which is reducing the country's import dependency.
Despite being much smaller than global offshore leaders like Philippines and India, the IT/ITES sector in Bangladesh has been demonstrating one of the highest growth rates indicating huge domestic and export potential.
In consistency with the Digital Bangladesh vision of the government of Bangladesh, the ICT and outsourcing industry earned $1.7 billion in the last fiscal y...
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