Semiconductor chips are seen on a printed circuit board in this illustration picture taken 17 February 2023. Photo: REUTERS/Florence Lo/Illustration//File Photo
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Semiconductor chips are seen on a printed circuit board in this illustration picture taken 17 February 2023. Photo: REUTERS/Florence Lo/Illustration//File Photo
The government has officially approved the formation of a national task force on the semiconductor sector, to be led by the Bangladesh Investment Development Authority (BIDA).
The task force consists of 13 members including BIDA and BEZA’s Executive Chairman Ashik Chowdhury as the convener, according to a letter from the Chief Adviser’s office.
“Bangladesh’s strategic location near the Asia-Pacific supply chain, competitive labor costs, and young, skilled workforce make it an ideal destination for global semiconductor leaders,” said Ashik Chowdhury.
“By uniting expertise from Bangladeshi diaspora, industry, academia, and policy, we will strengthen our role in the global value chain and build a future-ready, innovation-driven economy,” he said.
The task force’s mandate includes identifying immediate growth opportunities, addressing policy and skill gaps, and recommending infrastructure and incentive frameworks to attract global investment, with the expectation of delivering actionable results by the end of January.