The IT/ITES industry is one of the fastest growing industries in the world. The IT/ITES industry is growing and is playing an increasingly prominent role in Bangladesh’s economy. This industry serves both domestic and international markets. As mentioned earlier, there are over 800 registered software and ITES companies in Bangladesh. In recent years, there have been significant developments in the status of the ICT sector in Bangladesh. In particular, the promise of a ‘Digital Bangladesh’ is a prominent element of the platform. Bangladesh has a sizeable unemployed and educated young population with low labor cost of production which can be utilized in this sector with proper training and guidance in order to develop world-class business environment conducive for IT/ITES to attract potential foreign and local entrepreneurs for investing in Bangladesh. The government of Bangladesh emphasizes the need for a comprehensive Master Plan in order to achieve an overall development of the ICT sector. Considering these in view Bangladesh Hi Tech Park Authority decided to create basic infrastructure for establishing IT Village in Rajshahi Division through the Ministry of Information and Communication Technology.
