Thursday 24 September 2020 ,
Thursday 24 September 2020 ,
Latest News
  • Influenza vaccine more important than ever
  • Ex-VP of DU Ziaur Rahman Hall dies
  • Biman operates chartered flights to Saudi Arabia on Sept 26 & 27
  • Bangladesh, Saudi FMs likely to talk over phone Sunday
  • Saudi govt agrees to extend visas for Bangladeshis: FM
  • Saudi govt agrees to extend visas for Bangladeshis: FM
18 January, 2020 00:00 00 AM
Print

Robust growth for IT-ITES as export increases to $802m

BSS, Dhaka

Country’s IT and IT Enable Services (IT-ITES) sector that covers software, BPO and e-Commerce saw a robust growth as the export earnings from the sector has increased to $802 million in 2018, said a recent government research.

The overall expected export value of IT-ITES industry was $319 million in 2013 against the $802 million in 2018 showing an increase of $483 million i.e., 150 per cent in the overall expected export value of the IT-ITES industry in six years, said the research officially released in December last.

Center for Project Management and Information System (PMIS) of Dhaka University with the help of World Bank financed the Leveraging ICT for Growth, Employment and Governance (LICT) Project of BCC under ICT Division has conducted the research to present exact data and statistics before the policymakers of the government.

A top official of the ICT Division said this is the first ever government research in IT-ITES sector that has covered three areas– software, Business Process Outsourcing (BPO) and e-Commerce to find out current status, export revenue and employment.

“The IT-ITES sector alone witnessed a remarkable growth which is more than double in 2018, but if the hardware and freelancing outsourcing sectors are added the ICT sector’s export revenue would be over $1 billion during the same,” said State Minister for ICT Zunaid Ahmed Palak.

He said the government’s various steps including incentives and reduction of tax have been contributing to flourish the local markets. Some local hardware companies are exporting digital devices including laptop in different countries of the world, Palak added.

The research revealed that IT-ITES industry of Bangladesh generates an estimated local market revenue of Tk 19,273 million and exports revenue of $802 million in 2018. The sector has also witnessed growth in employment also, it said.

ICT Secretary N M Zeaul Alam said the research estimated 126,000 employees working in the IT-ITES sector, but if we included the hardware industry labourers, freelancers and IT professionals the number would increase to over 1.3 million.

There are about 6 lakhs active freelancers who have contributed to secure second position in the world’s online labour force, he added.

The research focused the overall status of employment of the IT-ITES industry of Bangladesh for the year of 2018.

 

Comments

Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
0102030405
06070809101112
13141516171819
20212223242526
27282930
More Business stories
Bangladesh Railway losing Tk 4-5cr every day Bangladesh Railway is losing Tk 4-5 crore in revenue every day following the suspension of all train services across the country amid the coronavirus outbreak. On March 24, the government suspended all…

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting