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BASIS & CanCham Bangladesh sign MoU

BASIS & CanCham Bangladesh sign MoU

For expanding Bangladeshi ICT business in Canada and to attract Canadian investors, a MoU has been signed between Bangladesh Association of Software & Information Services (BASIS) and Canada Bangladesh Chamber of Commerce & Industry (CanCham Bangladesh) on Thursday (Aug 29).

BASIS President Syed Almas Kabir and CanCham Bangladesh President Masudur Rahman signed the MoU on behalf of their organizations. At the ceremony, H.E. Mr. Benoit Préfontaine, High Commissioner of Canada in Bangladesh, was present as the chief guest.

On behalf of BASIS, it's Senior Vice-President Farhana A Rahman, Vice-President (Finance) Mushfiqur Rahman were present.

After the ceremony, High Commissioner of Canada in Bangladesh said, "According to statistics, Bangladesh exports to Canada have grown by 37% in the last five years. It’s on track to reach $3 billion by 2021. I hope this MoU will help Bangladesh ICT sector to expand their business in Canada. I am delighted that CanCham Bangladesh has signed MoU with the apex ICT trade body of Bangladesh - BASIS."

BASIS President said, "BASIS has been working closely with the government towards achieving the Digital Bangladesh Vision 'Vision 2021', and to achieve the target of earning US $ 5 billion by 2024 from ICT sector. More than 60% of the export earnings from Software and IT enabled services of Bangladesh are coming from Canada and North America, mainly from USA. We want to expand ICT business in Canada. Hence today we have partnered up with CanCham Bangladesh. A Bangladeshi business delegation is going to attend 13th Toronto Global Forum and Bangladesh-Canada Business Forum 2019 in September. With this, our collaboration with CanCham Bangladesh will begin.

CanCham Bangladesh President said, "Many Canadian investors are keen to invest in Bangladesh’s ICT sector. Besides, Canada has taken several initiatives in this regard. CanCham, BASIS and Information Technology Association of Canada (ITAC) will work closely in this regard."

At the ceremony high officials of BASIS, and CanCham Bangladesh were also present.

- Press release