Dhaka:Bangladesh is aiming to convert brain drain into "brain circulation" by leveraging expatriate expertise and attracting investment in artificial intelligence (AI), semiconductors, and digital infrastructure. This initiative supports the BNP government's goal to establish a technology-driven economy.
According to Bangladesh Sangbad Sangstha, State Minister for Foreign Affairs Shama Obaed Islam highlighted the government's intention to reconnect skilled Bangladeshi professionals abroad with opportunities at home through investment, research, technology transfer, and knowledge-sharing. Several professionals have returned from Silicon Valley, with others contributing through investment and research collaboration without relocating.
The initiative is part of Prime Minister Tarique Rahman's government's strategy to develop AI and semiconductor technology, advanced manufacturing, and digital infrastructure. The BNP's 2026 election manifesto includes creating an international hub for AI, software, and hardware production, generating one million technology-related jobs, and establishing AI-driven data centers.
Efforts to develop the semiconductor industry are intensifying as the government seeks to make it a high-value export and employment sector. Prime Minister Rahman has declared semiconductors a national priority, with plans for investment incentives and skilled workforce development. The Bangladesh Semiconductor Industry Association aims for $1 billion in exports by 2030.
The government also plans to develop "sovereign AI" tailored to Bangladesh's needs, particularly in agriculture and entrepreneurship. This complements a proposed National AI Policy focusing on responsible innovation and data protection. Partnerships with U.S. universities are underway to enhance research and innovation capabilities.
Bangladesh hopes to become a manufacturing hub for international technology companies by offering policies, infrastructure, and skilled manpower. Strengthening investment-related laws and institutions is also a priority to improve investor confidence and transparency.
Ultimately, the government seeks to establish a sustainable exchange of talent, technology, investment, and knowledge between Bangladesh and global innovation centers, transforming demographic potential into technological advancement and sustainable economic growth.