Jensen was speaking at a programme organised on the occasion of signing a Memorandum of Understanding (MoU) between Bangladesh Association of Software and Information Services (BASIS) and the Danish IT Industry Association (ITB) in Dhaka.

Bangladesh has a huge potential in the billion-dollar global IT market, but it needs to build up its labour force as resources, the ambassador said.

The country is still far behind its neighboring country (India) in terms of exporting software and developing local IT infrastructure, he further said.

As per the MoU, a two-year programme titled ' Bangladesh Information Technology Management Programme (BITMAP)', will be implemented. Some 26 software firms as well as BASIS will be trained up on capacity building, skill development, management and institutional capabilities.

Speaking at the function, BASIS President Sarwar Alam termed the programme as a landmark event for Bangladesh's IT sector.

The Programme, primarily funded by Europe Aid, will be managed by the Danish Federation of Small and Medium Enterprise (DFSME) Denmark.

Commerce Ministry Joint Secretary Golam Hossain, ITB Vice President Henrik Egede and Claude Malongo of the Delegation of European Commission also spoke.