Denmark sees unlimited IT potential in Bangladesh | The Daily Star
12:00 AM, May 24, 2008 / LAST MODIFIED: 12:00 AM, May 24, 2008

Denmark sees unlimited IT potential in Bangladesh

7 partnerships formed with Danish IT companies

Denmark see the IT sector in Bangladesh to have an outstanding advantage in attracting foreign investment in comparison with many other competing countries.
“IT (information technology) in Bangladesh is a relatively new business, but with an unlimited potential,” Danish Ambassador in Dhaka Einar Hebogard Jensen told UNB.
He said DANIDA's Business to Business (B2B) participated in an IT matchmaking event in February this year bringing a group of eight Danish IT companies to the SoftExpo. Denmark was declared as the partner country of SoftExpo 2008.
Out of these eight companies, five were related to software programming, two dealt with graphics and DTP, and one had expertise in some specialised hardware components.
During the SoftExpo, more than 110 pre-arranged contact meetings between Danish companies and Bangladesh partners were held.
The ambassador said the Danish participants expressed that quality of the Bangladeshi partners they had teamed up with during the matchmaking sessions has been very impressive and satisfactory.
He said it is believed that a number of new alliances and long-term cooperation would grow out of these contact meetings during the next couple of months.
Jensen said already some of these Danish companies have started their second visit to Bangladesh in order to progress with their initial cooperation with some of the Bangladeshi companies they met during the SoftExpo.
DANIDA's B2B side hopes to see at least seven new IT sector partnerships being formed, he said adding that at present, 16 Danish companies are already established in Bangladesh.
The Danish ambassador said off shore IT and IT related service is a multi-billion dollar market that is growing rapidly, creating many new business opportunities for countries like China, Vietnam, India, Pakistan and Eastern Europe.
“This will give Bangladesh an unprecedented opportunity to develop a whole new industry in providing IT service for Europe and the US.”
He said the development of IT sector would undoubtedly benefit Bangladesh in terms of job creation, export revenues, transfer of new technology and developing new business opportunities and models.

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