DHAKA: Business experts believe it is possible to make a total of Tk500 crore through the export of software and IT related services by the year 2021, as long as a strong base of IT expertise can be developed within Bangladesh.
According to details, speakers expounded on this theme of IT exports at a seminar titled “Export Marketing Strategy to obtain 5bn by 2021” held at the Bangabandhu International Conference Centre as part of the 11th BASIS SoftExpo.
Speakers said that since starting its IT journey, Bangladesh has undergone a number of evolutions and the IT business module has expanded greatly.
However, the country missed a major opportunity to earn foreign remittance through the IT exports because people had yet to learn that the global outsourcing market had been growing and providing ample opportunities to earn billions of foreign remittance, they explained.
They added that in order to now penetrate the global market, Bangladesh will need skilled human resource, extensive infrastructure and uninterrupted internet connectivity throughout the country.
“Setting up yearly target, however, is a challenge. We need skilled manpower and extensive market research in order to set up those targets,” Martin added.
Imtiaz Ilahi highlighted the roadblocks to achieving these targets. He said the growing costs of business, staff costs, and the high rent for office spaces have been making it difficult these days.
The government can introduce new initiatives to resolve these drawbacks and provide a boost to the sector, he added.
Prabeer Sarker, CEO at Officextracts, urged for the creation of legal frameworks which would support all the stakeholders in this sector.
Noor Mahmud Khan, CEO at Right Brain Solution, said: “We should focus on the quality of work, since the global market is getting more competitive.”
BASIS Vice Presidents Rashidul Hasan and Farhana A Rahman, and NFT Consult CEO Badru Ntege also spoke at the seminar, among others.
