Faiz Ahmad Taiyeb, Special Assistant to the Chief Adviser for ICT Division, expressed optimism that the government will issue the ‘Cyber Safety Ordinance’ by the end of the month. Speaking at an event on inclusive digital growth, Taiyeb emphasized the ordinance’s role in enhancing digital safety and addressing societal issues in collaboration with businesses.
The event, organized to discuss the future of Bangladesh’s digital economy, featured key speakers such as Md Moinul Huq from Citibank, who highlighted the resilience of the digital economy during the COVID-19 pandemic. Huq discussed Bangladesh’s aspirations to become a leading AI and 4IR hub in South Asia by 2030. Additionally, Bangladesh aims to improve its e-Government Development index ranking and increase ICT exports to $5 billion by 2030, nurturing millions of skilled professionals and growing startup funding.
The panel discussion, titled ‘Inclusive Digital Growth-Breaking Barriers through Policy and Technology,’ included influential figures from Meta, Citi, Bangladesh Bank, and Gramophone, who underscored the importance of policy and technology in fostering inclusive digital growth.
Key Insights:
- Cyber Safety Ordinance: Expected to be issued by the end of the month to address digital security concerns.
- Digital Growth Goals: Bangladesh aims to lead in AI and 4IR by 2030, increase ICT exports, and rank among the top 15 countries in e-Government Development.
- Investment in Digital Sector: Growing interest in digital sectors like IT, semiconductors, and digital platforms, with telecommunications attracting significant FDI.
Future Aspirations:
- AI and 4IR Hub: Bangladesh aspires to be a leading AI and 4IR hub in South Asia by 2030.
- Digital Economy Targets: Goals include a top 15 rank in e-Government Development, increasing ICT professionals, and boosting ICT exports to $5 billion by 2030.
The event underscored the growing importance of digital investment in Bangladesh’s evolving economy, paving the way for innovation and technology-driven growth.
