@article{Joint Secretary Md Hasanul Islam, ndc_2018, place={Dhaka, Bangladesh}, title={DEVELOPMENT OF HI-TECH PARKS IN BANGLADESH: PROSPECTS AND CHALLENGES}, volume={17}, url={https://ndcjournal.ndc.gov.bd/ndcj/index.php/ndcj/article/view/229}, abstractNote={<p>Comprehensive and Co-ordinated efforts developing adequate infrastructure, for<br>participation of area international and local IT Companies, a prerequisite for the<br>development of Hi-Tech Parks in Bangladesh, which will help materialize the<br>Vision of Digital Bangladesh by 2021. The study considered the present status<br>of Hi-Tech Parks in Bangladesh, the regional and global scenario of IT, trends of<br>IT export, and the private STP and PPP involvement in this promising sector of<br>Bangladesh economy. Bangladesh’s current ranking in the Knowledge Economy<br>Index is very low. Improvement in Education, particularly at the secondary and<br>tertiary levels, is a prerequisite for developing a Knowledge Economy. Distance<br>and remote location of the project, lack of skilled manpower, and unwillingness<br>of PPP partners are the main challenges for development of conducive business<br>environment in this sector. Government has already started training manpower<br>as human resource and has taken initiatives for upgrading curricula to meet the<br>need of the industry. Development of Hi-Tech Parks is challenging, but has vast<br>prospects. To materialize the challenges, government should consider the PPP as<br>development partners, and without any bias select the Hi-Tech Parks development<br>partners, both local and foreign companies having experience. Primary initiative<br>should be taken by the Government to establish the most promising ones of the<br>parks, and to patronize the private STP and the local and multinational companies<br>so that they can develop on their own. First of all, sample business plans for typical<br>software/hardware/ biotech firm, in different Hi-Tech Parks business areas, are<br>to be prepared. A specific hypothesis for this study is that the development of<br>Hi-Tech Parks will increase employment opportunity, family income and enhance<br>the GDP growth. The economy will thereby substantially be benefitted.</p>}, number={1}, journal={NDC E-JOURNAL}, author={Joint Secretary Md Hasanul Islam, ndc}, year={2018}, month={Jun.}, pages={111-133} }