| Author | Reza, Md. Shahid |
| Note | A project submitted in partial fulfillment of the requirements for the
degree of Professional Master in Banking and Finance, School of Management |
| Publisher | Asian Institute of Technology |
| Abstract | The specific purpose of this project is to develop a picture on the development of the SME sector of Bangladesh through contribution of Equity Entrepreneurship Fund (EEF). Three key sectors are chosen for the analysis, namely (1) Software and ICT Sector; (2) Agro-based Sector; (3) Food Processing & Others Sectors. Bangladesh economy is showing an overall growth trend during the last two decades. Per capita income is rising from USD 200 in the early 1990s to more than USD 700 in 2010. It is because of the growing of SME sector in Bangladesh during this period. The Govt. of Bangladesh has taken some significant initiatives to develop sector. Initialization of EEF and SME foundation are the best two initiatives taken by the Govt. The report is about the contribution of these three sectors to the Bangladesh economy and how the sectors are patronized by the EEF assistance. The industry profile of the sectors is:
The agro-based and-food processing sectors are very promising sectors of Bangladesh economy. Especially the shrimp hatchery situated in the south region of the country and white fish hatchery situated in the north region of the country brings a revolutionary change in the fishing industry of Bangladesh. Most of the hatcheries in this part are established by the assistance of EEF. During the financial year 2010-11 the sector earns 5.67 crore USD. This sector totally changes the socio-economic behavior of the local people. The percentage of unemployed people is decreasing year by year. The cheap labor force of the country is the heart of this sector.
ICT sector is a relatively new one in comparison to other business sectors in Bangladesh. The huge potentiality of the ICT sector has commended inquisitive interests from all concerned. In the recent years, the local ICT sector has grown enviably.
The size of Bangladesh ICT industry at present stands at USD 180 million with over 3,500 local enterprises operating in hardware, software and ISP segments. The hardware segment dominates the market share (65 per cent) while the relatively late entrant, software segments command about 15 per cent of the total market.
The software segment is showing healthy growth in terms of export earnings. According to BB sources, export earnings from Software were USD 43.41million in 2008-09, registering a growth of 25.43 per cent from the previous year.
The strengths of Bangladesh ICT sector is the human resources. An educated, trainable and young workforce working in this sector possesses the required skill sets to compete in the global scenario. |
| Year | 2012 |
| Type | Project |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Professional Masters in Banking and Finance |
| Chairperson(s) | Juthathip Jongwanich; |
| Examination Committee(s) | Venkatesh, Sundar ;Sununta Siengthai; |