Destination BD

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The New-East Technology Destination

We know who we are and where we come from. Now we invite you to take a look deeper into the opportunities Bangladesh has to offer in the ICT industry. Just graduating to a middle income country, but a high -class ICT destination.

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These successful innovators can guide you

Robotics, blockchain, IOT are driving forces of a changing worldwide economy. Do you want to see how students are thought serverless and cloud computing by alumni of the largest companies like Amazon, Adobe, Google and IBM? Look no further and see the spin offs that operate now from Bangladesh in the areas below.

Need guidance? see our advisors who can guide you.

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World Class Universities Drive Knowledge

With an outflow of over 1 million students annually from universities like BUET, BRAC, Dhaka University, education stands at a high ground, and students from many countries come to do their masters and research led by fellows from Europe. Tap into the best supply.

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Easy steps to form your own ICT hub

Bangladesh has made foreign investment and the development of backoffices quick, safe and financially attractive. With 80 Tax-free EPZs in and around the country, government investment initiatives and a red-carpet welcome by Bangladesh bureau of foreign investment (BIDA), small to large scale backoffices in many areas can be formed quickly.

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  • Bangladesh to retain labour cost arbitrage going forward due to lowest wage inflation (6.3%) compared to India (9.5%), Vietnam (7.3%) and the Philippines (6.5%)

  • Salary and benefits is a clear low cost driver:

    • Bangladesh offers the lowest entry level salaries across delivery locations.
    • Local talent at managerial levels adding to cost arbitrage – L3 and L4 salaries are about 20-30% lower than traditional delivery destinations.

  • Bangladesh T2- most competitive in infra costs:

    • Subsidized HTP rentals augmenting cost advantage.
    • Rentals lower than Indian principle of ‘One dollar real estate cost” – 1/3rd of Bangalore costs.


"Betting on the future- The Bangladesh IT/ITeS industry is poised for growth” -

50%+ Bangladesh population is under 25 years of age.


28 High-tech parks planned with world class facilities


Incentive packages


More about Bangladesh and its fast economic development

Bangladesh has experienced tremendous growth in the last decade under the leadership of Honourable Prime Minister Sheikh Hasina and her Honourable ICT Adviser Sajeeb Wazed. As the pandemic continues to threaten the economies of the World, Bangladesh is relying on digital technologies, strong infrastructure and facilities, and its digital human resources to steer its way through the new normal – from working from home to maintaining the agriculture supply chain. Home-grown technologies have been an integrated part of our crisis response, and are being used efficiently by the government to monitor, track and contain the spread of the virus, map hotspots, keep people informed, and also deliver welfare measures and citizen services. Digital services like telemedicine, live update, self-testing tool, helplines, AI-powered chat-bot, contract tracers, mobile apps, digital content, and videos have been making the lives of the citizens easier during the pandemic.


The country was able to achieve positive growth in 2020 amidst the pandemic as one of only two ASEAN and South Asian economies. Before the pandemic hit, Bangladesh experienced nearly 8 percent GDP growth, as one of the fastest-growing economies in the World. The key ingredient behind this growth has been smartly utilizing ICT to spur growth in all sectors.

There is a focus on developing a thriving ecosystem for partners and investors who are keen on the Bangladesh opportunity. In order to ensure cost-effective space for companies interested in investing in Bangladesh, 39 world-class Hi-Tech Parks are being built around the country, with a plan to expand this to 64 soon. The Tier IV National Data Center of Bangladesh is the world's seventh largest such ICT facility. To keep up with the rapid technological change, the Government of Bangladesh has designed the right programs to prepare the youth for the jobs of today, in the Bangladeshi and global markets. The Government is establishing 35,000 Sheikh Rasel Digital Labs in next 5 years, 64 Sheikh Kamal IT Incubator, 300 Schools of Future, Center for 4IR and Digital leadership Academy. The works of establishing Sheikh Hasina Institute of Frontier Technologies (SHIFT) is also underway. The Government has been updating policies to augment the ease of doing business for prospective investors/partners.

Bangladesh is emerging as top-favorite as ICT destination for international players looking for reliable vendors for their business process outsourcing and other technology services. Microsoft, Oracle, SAP, Cisco are among the major international Software companies who operate in Bangladesh. The factors that the decision makers primarily take into account for deciding to set up their business in Bangladesh are low cost of operations, availability of skilled manpower, good infrastructure, supportive policies etc. Bangladesh scores well in these salient features and hence becomes a flaming selection for a perfect hub for the worldwide IT industry.

IDEA: Innovation, Design and Entrepreneurship Academy
In order to utilize the potential of youths, foster innovation, develop an innovation-centered digital economy and sustain its remarkable growth, the Government of Bangladesh has setup “Innovation Design and Entrepreneurship Academy” - iDEA for short, and Startup Bangladesh Ltd., a Venture Capital fund company, to facilitate entrepreneurs with the financial support and co working space; to create a favorable and friendly environment for them; to equip them with necessary technical and managerial skills and to mentor and guide the entrepreneurs for achieving their goals. The Government is investing in frontier tech Centers of Excellence with global tech partners, such as IBM, with a strong focus on training professionals on emerging technologies – IoT, blockchain, artificial intelligence, big data and analytics. The Bangladeshi Software companies are developing innovative solutions, particularly in frontier technology stack, driving the country towards a digital economy. Visit the IDEA institute here

CloudCamp Bangladesh
Working in direct collaboration with Amazon Web Services, CloudCamp Bangladesh is a training and enablement organization that has provided training for 1000+ Bangladeshi individuals for cloud related technologies. These include AI/ML, Robotics, Serverless Technologies, DevOps, SecOps, and Cloud Native Development. Last two classes included 100 targeted women for Data Science, and 100 computer science graduates for cloud. certification. These learners have already formed organizations to support global organizations, including US Government and Fortune 500 companies. Cloudcamp Bangladesh is open to anyone, and has a MASSIVE mooc on Slack. Join the CloudCamp bootcamps on Slack

See some ICT areas in which Bangladesh excels


Exploring the opportunities in the New- East tech hub is a journey we gladly take together. The tentative planning is globally scheduled as follows:

 

  • Preparation phase: Q4 2021
  • External communication: Q1 2022
  • participant selection: Q2 2022
  • Virtual sessions: Q2 2022
  • Trademission: Q3 2022
  • Continuation: Q4 2022
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    With an expert team of industry specialists we are ready to assist you to explore and guide you in your ict ambitions in any area.

    Be informed on this invite only event


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