Why Bangladesh |
Why Outsource IT to Bangladesh
With a tens of thousands of young IT skilled workforce conversant in English. Bangladesh is one of Asia's most attractive IT outsourcing destinations after India - particularly for clients in the USA and other Anglophone countries.
A good number of IT companies in Bangladesh have already built successful track records of working for reputed clients all over the world. Currently around 150 IT companies in Bangladesh are exporting to over 30 countries. Out of these IT companies, nearly two-thirds service clients in USA.
Bangladesh offers significant cost advantages fro IT outsourcing – both in terms of worker-wages as well as cost of infrastructure.
| Salary of programmers in Bangladesh is 50% of that in India, 40% of Philippines and 70% of Vietnam. | |
| Charges fro internet bandwidth in Bangladesh is currently the lowest in South Asia (50% to that in India). | |
| Rent for office space in Dhaka (Capital) is below 20% of that in Delhi and 40% of Manila. |
Bangladesh IT
Over 15,000 IT engineers are working in over 400 software and IT service companies: around 150 of these companies are specialized in serving overseas clients.
Specialized IT Education in Bangladesh is well established at the graduation and post graduation levels. Over 90 universities and 700 colleges across the country offer IT education programs. Every year, over 6,000 IT graduates come out of these universities and colleges.
A large part of these IT graduates also possess global IT vendor certifications (e.g. from Microsoft, Cisco, Oracle, Sun) on top of their academic degrees.
Excellence of the IT workforce from Bangladesh is a well-accepted fact at home and abroad. Over 10,000 IT professionals from Bangladesh are working successfully in various IT companies in USA including Microsoft, Intel, IBM, Sun, Oracle, Texas Instruments, Cisco, Nortel and Lucent – to name a few.
Bangladesh Government and the IT industry have taken up aggressive plans to scale up the number of IT workforce to meet the increasing demand. The plans include national skills assessment and enhancement programs for IT professionals, increasing the number of yearly IT graduates to 10,000 and development of outsourcing focused specific skill sets.
Government Support to IT outsourcing
Software and IT Services have been declared by the Government as a ‘High Priority’ export sector.
All software and IT services companies including those having foreign ownerships have been exempted from income Tax until 2011.
Special government sponsored long-term equity fund and short term working capital financing are offered to IT companies.
Since 1996, Government has been allowing zero/low tariff for computers and other capital goods required for software industry.
Special Hi-Tech and Software Technology Parks are being built by the government to facilitate all the infrastructural supports needed by outsourcing companies.
