PRESS
RELEASE

The government has officially approved the formation of a national taskforce on the semiconductor sector, to be led by the Bangladesh Investment Development Authority (BIDA) - setting a benchmark for uniting Non-Resident Bangladeshi (NRB) industry leaders, academics, and top government representatives to drive sectoral growth.

The initiative aims to advance Bangladesh’s capabilities in testing, assembly, and chip design, marking a significant step towards unlocking the country's potential in this high-value industry.

“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. 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,” said Ashik Chowdhury, Executive Chairman, BIDA and BEZA.

The taskforce’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.

The respected taskforce members are as per Letter No: 03.08.2690.068.18.010.24-656 issued by the Chief Adviser’s Office: