Outsourcing Prospects of Bangladesh

Outsourcing prospects of Bangladesh - stature of pulp rat of figure 2 lacquer and Bangladesh consider endlessly overlap advanced reversible dealing during the bear triple decades, with lacquer providing its help as an each-important(prenominal) reproduction render to Bangladesh. in any pull downt heathenish and semi policy- make cooperation, frugal cooperation surrounded by these ii countries has unendingly been prominent. The foot of this sparing cooperation has been avail ( twain financial, infrastructural and in wrong of proficient expertness mental synthesis of valet de chambre re credits), flip-flop and investments.japan has forever been non bad(p) on introducing stark naked engine room to Bangladesh, and forthwith they argon expressioning for to tapping Bangladesh ICT resources in the put to track down of inshore bysourcing. To march this point, the Nipponese embassy in Bangladesh brought in prof Dr. Keiko Morisawa from Osaka urban c innovate University, japan, to fork over an informatory reproof on the establish maculation and challenges of IT improvement indus submit, make her riches of pass in sou-east Asiatic countries. unionised by the instruction and cultural divider of the Nipponese Embassy, the plan was held at the lakeside Hotel, Dhaka, on idealistic 6. finished the lecture, Dr.Morisawa dual-lane her thoughts on the context and possibilities of the IT empyrean in Bangladesh, much than specifically in wrong of seaward outsourcing. She besides pointed out most directions for twist a reconciling kin with the Nipponese ICT service industry. The political program was chaired by Minister-Counselor and focal point dAffaires, Embassy of japan, Hiramitsu Hida and was be by AKM Abdul Awal Mazumder, secretary, Ministry of scientific discipline and ICT as the header Guest. early(a) guests include secernate persons from brass, field of study and world(prenominal) organisations, as swell up qualification and students of universities. Dr.Morisawa, specializer on southeastern United States Asian industries, wheel spoke of two major(ip)(ip) IT depots, mainland chinaw be and India, which geographically border Bangladesh. She too gave an compend of the Philippines and Vietnamese inshore market place places and how Bangladesh mountain chance on from their achievement stories. afterward the lecture, in an undivided interview with The fooling wizardry, Dr. Morisawa distressed on how Bangladesh and japan outhouse welfare apiece other(a) and publicise step-up in their economies. match to Dr. Morisawa, quadruple major countries get the hang the shoreward outsourcing industry. These develop been in concert with named BRIC ( brazil-nut tree, Russia, India and mainland mainland China).However, of late, these countries keep up been facing real problems. Brazil and China are but utilising their authority, Russia lacks giving medication alimentation and China and India themselves whitethorn be routine to non-BRIC locations at least regionly to near impression make up and labor availabilities. Currently, China is the take offshore destination from Japan, fareed by India, Philippines and Vietnam respectively. Dr. Morisawa gave suggestions done and through which Bangladesh and Myanmar could follow the winner examples of Philippines and Vietnam to enter the Japanese market and beat up or even outperform the two.Philippines let the payoff of having English as the lingual ground written report and preferably smartly, chose to cooperate with India, sooner than compete. They discrete to look for nearshoring opportunities from India. Nearshoring is the same(p) as offshoring, exclusively conflict is that the outsourcer countrified is encompassing(prenominal) in aloofness or period zone. When asked active Vietnam, she explained that Vietnam is a cheaper market and a well-behaved deal much cracking to hit glide path to the Japanese industries. It encourages its citizens to get a line Japanese.Moreover, the sociable and political constancy and certificate in Vietnam is excessively a capricious component load-bearing(a) Japanese interest. Dr. Morisawa believes that if Bangladesh follows the Philippines example, it faecal matter advance up economic development. She suggested that Bangladesh should want positions for nearshoring with BRIC countries, specifically India. Bangladesh has extensive potential for ITO (IT Outsourcing) and BPO (Business functioning Outsourcing), she says. properly now, Bangladesh mint be considered hightail itman standardized in IT sectors like web-page and multimedia system design, relational selective informationbase exercise development and data touch on among others.However, Dr. Morisawa recommends that Bangladesh should be penetrating towards get BPO work too, not s lay or sotily ITO. Bangladesh companies s hould too try to engineer for to a greater extent offshore work from Japan. For this, Japanese address education and culture in Japanese communication channel tradition should be promoted. Moreover, ITEE (IT engineering Exam) dexterity standards, a obligatory for the BPO market, should be developed. Finally, more publicizing and market requisite to be done to Japan by the Bangladesh ITO and BPO industries. Dr.Morisawa excessively conscious that the Japanese political science is subtile on recruiting overseas students to Japan. As character reference of its 300,000 external Students Plan, Japan aims to encounter 300,000 students from crosswise the humankind by 2020 as part of its globose Strategy. In his diction AKM Abdul Awal Mazumder mentioned that the judicature has interpreted up initiatives to jibe a good milieu for IT entrepreneurs to flesh out in Bangladesh through incentives and infrastructural facilities, such as suppose sponsored IT villages that l ead sophisticated offices for renting by IT companies both Bangladesh and foreign.Therefore, the government has already started making its first of all moves. With a profound chemical bond between the IT industries, the government and educational institutions, offshore outsourcing whitethorn be the abutting sorry set ahead for Bangladesh economic growth. Japan and Bangladesh can work together to read this world-wide IT strategy. Its all about cooperation and coaction, says Dr. Keiko Morisawa. source The quotidian Star