Palak discusses DEIED project with World Bank

Palak discusses DEIED project with World Bank, State Mini’ster for Information and Communication Technology (ICT) Junaid Ahmed Palak held a bilateral meeting with senior officials of the World Bank at it’s head office in Washington DC yesterday.

During the meeting, the parties discussed in detail various issues related to the IT sector, especially the Digital Entrepreneur and Innovation Ecosystem Development (DEIED) project funded by the World Bank, a press release of the ministry said here today.

 

Palak discusses DEIED project with World Bank

Palak discusses DEIED project with World Bank

 

It was stated in the meeting that under the project, a global standard acceleration program will be launched for 1,000 start-ups, including assistance to increase mentorship and venture capital.

The meeting also stated that a 125,000-square-foot “Leadership in Energy and Environmental Design” (LEED) certified Green Sewage Treatment Plant (STP) will be set up in city’s Karwan Bazar for IT companies and start-ups, said the release.

 

In order to strengthen the entrepreneurial supply chain, innovation hubs will be set up in about 10 universities, and 3,000 IT professionals will be trained to develop high quality capabilities, the discussers said during the meet.

 

Palak discusses DEIED project with World Bank

 

Alexander Pankov, Lead Financial Sector Specialist of the World Bank, Andres Garcia, Deputy Manager for FCI South Asia and Professor Rami Galal, Economist were present at the meeting among others.

Virtual platform to be introduced to create business opportunities: Palak

State Mini’ster for Information and Communication
Technology (ICT) Junaid Ahmed Palak has said that a meta version or a virtual
business presence platform is being introduced in Bangladesh to create trade
opportunities.

“He said it was not possible for many traders to run their business directly
that is why through this platform traders can trade or invest in Bangladesh
from abroad without visiting the country,” he said.

 

Palak discusses DEIED project with World Bank

 

He was speaking as special guest at the “Digital Bangladesh IT Investment
Summit” organized by the Bangladesh Hi-Tech Park Authority under the
Department of ICT at the Trump Building in New York on Monday, said a press
release here today.

Liberation War Affairs Mini’ster AKM Mozammel Haque was present as the chief
guest at the conference.

Aparajita Haque,MP, Nahid Khan Nahid Khan ,MP, Chief Coordinator SDG Affairs
of the Prime Mini’ster’s Office Zuena Aziz and Bangladesh Investment
Development Authority Chairman Sirajul Islam and Bangladesh Ambassador to the
US Shahidul E Consul General Monirul Islam in New York were present.

Bangladesh Hi-Tech Park Authority Managing Director Dr Bikarna Kumar Ghosh
presided over the ceremony.

 

Palak discusses DEIED project with World Bank

 

“Bangladesh will become the world’s leading exporter of digital devices by
2031, we have already achieved Digital Bangladesh Vision 2021 and in the last
13 years, employment of 20 lakh youth has been ensured in the ICT sector,”
Palak said.

“Under the direction of Sajeeb Wazed Joy, ICT Advisor to the Prime Mini’ster,
we would create job opportunity for three million young people in the IT
sector by 2025, 100% e-services would be provided and the country would
achieve knowledge based, progressive economy, innovative and smart Bangladesh
by 2041,” he added.

At the conference, expatriate Bangladeshi Bobby announced to invest USD 15
million in Bangladesh’s Hi-Tech Park.

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