Dhaka, Colombo agree to work for boosting digital economy

Dhaka,  Wed,  23 August 2017
Published : 14 Jul 2017, 21:53:55
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Dhaka, Colombo agree to work for boosting digital economy

Bangladesh and Sri Lanka have agreed to work together on a dozen of areas to boost digital economy and establish a knowledge-based society.

To achieve the objective, a Memorandum of Understanding (MoU) was signed between Bangladesh and Sri Lanka on Friday at the Prime Minister's Office in presence of Prime Minister Sheikh Hasina and Sri Lankan President Maithripala Sirisena, reports UNB.

State Minister for ICT Zunaid Ahmed Palak and Sri Lankan Deputy Minister for Finance and Mass Media Lasantha Alagiyawana signed the agreement on behalf of the respective governments.

According to the agreement, both the countries will pursue the greater use of digital technologies (DTs) for sustainable development focusing on the areas of digital economy and establishing knowledge-based society.

They will work together in the areas, including IT/ITES industries, national policies, programmes, legislation, institutions, regulatory framework, cyber security, use of DTs on digital government and digital health and for education, smart cities, ecommerce, financial inclusion through sharing respective best practices, according to the agreement.

It said Bangladesh and Sri Lanka would explore mutually beneficial investment opportunities such as investment in Hi-Tech Parks, economic zones, developing joint market promotion in global IT/ITES supply chain.

"The government gives high priority to the development of the country's ICT sector as it targets earning $5.0 billion from ICT exports by 2021," said Mr Palak.

"Bangladesh is rapidly emerging as an ICT destination as Jessore Sheikh Hasina Software Technology Park is ready for investments and the construction work of Bangabandhu Hi-Tech City is going on in full swing," he said.

Mr Palak said that both Bangladesh and Sri Lanka will work together on a win-win basis in many areas, including in the IT or ITES sector to build digital economy.
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