Bangladesh to form taskforce to develop semiconductor sector

19/12/2024 6:14

The Bangladeshi interim government announced here on Wednesday that a taskforce would be formed to develop the semiconductor sector of the country.

The high-level taskforce, with representatives from industry, academia, the diaspora and government, will work with the Bangladesh Investment Development Authority (BIDA) to develop a roadmap for sectoral growth, focusing on testing, assembly, and scaling up chip design capabilities, said M Siraz Uddin Miah, principal secretary to the Bangladeshi interim government's chief adviser, at the BIDA headquarters.

"I urge stakeholders to leverage BIDA as a one-stop platform to align government policies and priorities," Miah said.

According to Ashik Chowdhury, executive chairman of BIDA and the Bangladesh Economic Zones Authority, Bangladesh currently generates approximately 6 million U.S. dollars annually from semiconductor activities, primarily through integrated circuit design services.