« Internet TV Market Expands Rapidly | Main | BP Invests in alternative energy »
November 29, 2005
Bangladesh Hopes Technology Exports Will Result in More Economic Growth
DHAKA, Bangladesh -- Bangladesh opened an information-technology exposition this week in an attempt to encourage the government and local businesses to switch into IT-enabled systems for faster economic growth.
Technology companies such as Microsoft Corp. and Intel Corp. are co-sponsoring the event, while the country's leading mobile-telephone company, Grameen Phone Ltd., is the main sponsor, organizers said. They hoped local companies would get orders from international buyers and find joint-venture partners at the exposition, helping increase the country's export earnings from information technology.
Bangladeshi exports of software and other services -- mainly to the U.S., Canada, Japan and some European countries -- are expected to double by the end of fiscal 2005 from last year's $7 million.
Posted by admin at November 29, 2005 07:08 AM