Highlighting the pivotal role of the Information and Communication Technology (ICT) sector in bolstering the country's economy, Prime Minister's Private Industry and Investment Adviser Salman Fazlur Rahman emphasized the necessity of maintaining existing tax incentives to ensure the sector's sustained development. Speaking at a roundtable event titled "Investment Climate for Smart Bangladesh" organized by the Venture Capital and Private Equity Association of Bangladesh (VCPEAB), Rahman underscored the importance of supporting the ICT industry to harness its full potential as a key driver of economic growth.

Acknowledging the concerns raised by ICT entrepreneurs, Rahman stressed the significance of retaining the current tax benefits, citing the sector's ongoing growth and its potential for further expansion. He affirmed his commitment to advocating for additional incentives to propel the industry forward, cautioning against the adverse consequences of withdrawing existing tax facilities.

Joined by State Minister for Posts, Telecommunications, and ICT Zunaid Ahmed Palak, and Parliamentary Standing Committee Chairman on the same Ministry Kazi Nabil Ahmed, Rahman pledged to address the industry's demands by engaging with relevant government authorities. Palak echoed Rahman's sentiments, lauding the remarkable progress of the ICT sector under the visionary leadership of Prime Minister Sheikh Hasina and emphasizing the need for continued policy support to sustain its momentum.

In his presentation, VCPEAB President Shameem Ahsan underscored the repercussions of withdrawing incentives and policy support, warning of adverse effects on investment, employment, and national cybersecurity. The event brought together leaders from various sectors, including DCCI President Ashraf Ahmed, CCCI President Omar Hazzaz, and FBCCI Senior Vice President Md Amin Helaly, who echoed the call for extending tax exemptions to fuel growth and innovation in the ICT industry.

The ICT sector's ambitious goal of achieving a $50 billion ICT GDP by 2041 hinges on sustained policy support and investment. With a focus on data protection, cybersecurity, and business facilitation, stakeholders underscored the need for long-term policy continuity to realize the sector's full potential and contribute significantly to the national economy.

As discussions continue on the future of the ICT industry, stakeholders emphasize the critical role of government support in driving innovation, fostering entrepreneurship, and positioning Bangladesh as a global leader in the digital economy. The collective efforts of policymakers, industry leaders, and stakeholders are essential to realizing the vision of a Smart Bangladesh powered by a thriving ICT sector.