IT-ITES sector sees robust growth as export increases to $802m17 January 2020 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 percent 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.