The government will set up two Digital Economy hubs for the ICT industry to create a conducive environment for the digital economy by providing policy support, implementing upskilling and reskilling initiatives, and coordinating digital technologies.

The digital economy hub will be set up on the premises of the Bangladesh Association of Software and Information Services (BASIS) and the Bangladesh Association of Contact Center and Outsourcing (BACCO) will also develop a comprehensive institutional framework and system for the digital economy ecosystem that would benefit all businesses.

Two separate Memorandum of Understanding (MoUs) were signed on Wednesday in this regard between the World Bank-financed Enhancing Digital Government Economy (EDGE) Project of BCC and BASIS, along with BACCO at the auditorium of Bangladesh Computer Council (BCC).

EDGE Project Director Nahid Sultana Mallik, BASIS President Russel T. Ahmed, and BACCO President Wahid Sharif inked the MoUs on behalf of their respective sides in the presence of State Minister for ICT Zunaid Ahmed Palak and World Bank Regional Project Director Pankaj Gupta.

The MoU signing was followed by a seminar on '`Effective Partnership Among Industry, Academia, and Government for Smart Bangladesh', which was addressed, among others by, BASIS President Russel T. Ahmed, BACCO President Wahid Sharif, EDGE Policy Adviser Abdul Bari.

State Minister for ICT Zunaid Ahmed Palak unveiled the cover of the newsletter titled: `Tech Insight,' published by EDGE Project and edited by its Communication Specialist Ajit Kumar Sarkar at the function.

Some 120 appointment letters were also handed over to those who were hired by different companies under the Hire and Train program of the EDGE project,

After the agreement was signed, Zunaid Ahmed Palak revealed the significant progress in the past decade towards achieving a Digital Bangladesh and highlighted the robust growth of the country's digital economy.

After the successful implementation of Digital Bangladesh, the government has been implementing various programs in line with the 'Smart Bangladesh' vision as announced by visionary leader Prime Minister Sheikh Hasina, Palak said.

He also said the main objective of the government is to introduce Bangladesh as an intelligent and innovative nation by 2041.

The ICT state minister said the government is going to establish 10 Research and Innovation Centers (RICs) in 10 public and private universities. The frontier tech-based research and innovations of these RICs will help create entrepreneurs which would create huge employment in the country, he added.

Palak said the government designed the EDGE project aiming to create frontier technology-based human resources to cope with the fourth industrial revolution.

One lakh graduates will be provided with training on frontier technologies like artificial intelligence, robotics, big data, blockchain, and 3D, he said.

Commending the active participation of the private sector in the implementation of Digital Bangladesh, Pankaj Gupta emphasized that fostering a strong partnership among industry, academia, and government is crucial to nurturing a thriving digital economy.

As per the agreement, the involved parties will foster collaboration to develop a comprehensive system and institutional framework for the digital economy ecosystem.

This framework is poised to bring about substantial advantages for a wide spectrum of entities, including enterprises, startups, and small and medium enterprises (SMEs), both in rural and urban domains, the agreement said.

It said (agreement) EDGE project will work closely with BASIS and BACCO to select its member companies to participate in many of the capacity development programs, and develop strategy, policy, research & innovation, and intellectual property for the software/IT sector.

They will also develop content and building capacity of relevant DE stakeholders on 4IR, relevant for software, IT/ ITES segment of the digital economy (DE), and develop and manage partnerships with various local and international organizations for knowledge and resource sharing on 4IR, the agreement mentioned.

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