Tk500cr gain possible through IT exports: Experts

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Economic Reporter :
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.
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, on Saturday.
Martin Labbé, program manager at the International Trade Centre, and Imtiaz Ilahi, managing director of Graphic People Limited, were among those who spoke at the seminar, which was moderated by TIM Nurul Kabir, secretary general and CEO at Association of Mobile Telecom Operators of Bangladesh (AMTOB).
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.
“To achieve Tk5bn by 2021 is highly possible, but the target has to be split into yearly targets,” said Martin Labbé while presenting the keynote speech at the seminar.
“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.
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