This is a best prospect industry sector for this country. Includes a market overview and trade data.
Dhaka is emerging as a freelance IT and IT-enabled services outsourcing (ITES) center. The ICT sector in Bangladesh is poised for continued expansion. According to the International Telecommunication Union (ITU) the number of internet users nearly tripled from 6.5 percent of the population in 2013 to 18.02 percent in 2017. Bangladesh ranked 147 of 176 on the ITU’s ICT Development Index 2017, an occasional report that captures the level of ICT development. The Bangladesh Telecommunication Regulatory Commission (BTRC) puts total internet subscribers at 117.3 million as of May 2021, of which only 9.8 million use broadband connections while the rest are mobile internet users. According to the Bangladesh Association of Software and Information Services (BASIS), over 1,500 software and IT-related companies have registered in Bangladesh. The ICT sector, excluding telecommunications, employs approximately one million professionals, while ICT exports are estimated to be worth over $1 billion; North America is the main destination. Industry analysts expect this growth in the ICT sector to create demand for services, including training and equipment export opportunities for U.S. businesses.
ICT infrastructure and equipment, including telecommunications towers and related infrastructure; data centers and related equipment and services.
Mobile applications; data and content development; online healthcare and government services solutions; e-commerce applications and solutions.
- Bangladesh Telecommunication Regulatory Commission
- Bangladesh Association of Software and Information Services
- e-Commerce Association of Bangladesh (e-Cab)
- Information and Communications Technology (ICT) Division
- Infrastructure Development and Engineering Services
Infrastructure bottlenecks are among the largest inhibitors of economic growth in Bangladesh. According to the Dhaka Chamber of Commerce and Industry, Bangladesh will need to invest nearly $25 billion annually through 2030 to meet its infrastructure needs.
The substantial infrastructure needs offer opportunities for U.S. infrastructure development and engineering services. Many donor-funded infrastructure projects require foreign consultant services. While Asian firms are sometimes more cost-competitive in construction work, government and private firms have turned to U.S. consultants for specialized engineering and construction oversight for major infrastructure projects including roads, bridges, highways, land and sea ports, oil refineries, and grain silo projects.
Sea and river dredging; transportation infrastructure; port development.
Heavy equipment; engineering and consulting services.
Roads Transportation and Highways Department
Ministry of Shipping
Bangladesh Inland Water Transport Authority (BIWTA)
Local Government Engineering Department