PM sees semiconductor industry as next growth engine after RMG
Prime Minister Tarique Rahman right this moment addressed the inaugural ceremony of the National Semiconductor Symposium and BEAR (Bangladesh Electronics, AI and Robotics) Summit-2026 on the Novo Theatre. Photo : PMO
DHAKA, July 25, 2026 (BSS) – Prime Minister Tarique Rahman right this moment stated the federal government has initiated a complete plan to harness the potentials of semiconductor industry, describing it as the nation’s next main financial growth engine after the RMG sector.
“The semiconductor industry could emerge as Bangladesh’s next promising economic sector after the RMG industry. The government has already started implementing comprehensive plans, including creating a business-friendly environment, to transform this next major driver of economic prosperity into reality,” he stated.
The prime minister was addressing the inaugural ceremony of the National Semiconductor Symposium and BEAR (Bangladesh Electronics, AI and Robotics) Summit-2026 on the Novo Theatre within the capital this morning.
Describing the convention as extra than simply an peculiar occasion, the premier stated it was a gathering of those that would assist construct a technology-driven Bangladesh sooner or later.
“Bangladeshi expatriates have been demonstrating their excellence in different countries around the world. Many of them have taken the initiative to participate in this important summit,” the premier stated, including that the current authorities needs to construct a self-reliant, affluent and technology-driven Bangladesh.
Calling semiconductors the muse of contemporary civilisation within the period of the Fourth and Fifth Industrial Revolutions, Tarique Rahman stated, “From artificial intelligence, robotics, data centres, renewable energy and medical equipment to mobile phones and satellites in space, chips or semiconductors are indispensable in every field.”
Highlighting the big potential of the worldwide semiconductor market, the prime minister stated, “The global semiconductor market is expected to reach nearly one trillion US dollars by 2026. Bangladesh has immense opportunities in this vast market, and I believe the country will be able to achieve its targeted export earnings from this sector by 2030.”
He stated the federal government considers the semiconductor industry a nationwide precedence however confused that its growth can’t be achieved by any single ministry or establishment alone.
“We consider the semiconductor industry a national priority sector. However, developing this industry is not the responsibility of any single ministry or institution; it is a collective national mission”, he stated.
The premier added that the federal government, universities, analysis establishments, industrialists, entrepreneurs and expatriate specialists should work collectively to attain this aim.
Referring to the federal government’s coverage help for the sector, the Prime Minister stated that within the present finances, all taxes and duties on uncooked supplies required for the semiconductor industry have been withdrawn.
Besides, initiatives have been taken to introduce money incentives on export earnings from semiconductor design companies, he added.
Encouraging younger entrepreneurs, the premier stated, “For the first time, the government has allocated Tk five crore annually as startup grants to support new innovations, and its distribution process has already begun.”
Assuring buyers, the Prime Minister stated, “The government is working relentlessly to provide tax-free bonded facilities and specialised infrastructure to attract both foreign and domestic investment. Alongside modernising the existing high-tech parks, we also plan to establish a new biotech park.”
Acknowledging the shortage of expertise and intense world competitors, Tarique Rahman expressed optimism, saying, “Despite varied limitations, now we have an indomitable dedication to maneuver ahead. We will obtain this aim by counting on our expertise, expert youth and revolutionary capability.
“The government will stand by you with all its capabilities to help turn your dreams and determination into reality,” he stated.
Expressing the hope that the summit would produce tangible outcomes, the premier stated, “I hope this conference will create new partnerships, research initiatives and investment opportunities that will take Bangladesh’s technology sector much further.”
Later, the prime minister formally inaugurated the National Semiconductor Symposium and BEAR Summit-2026.
He additionally joined a photograph session with native and international delegates attending the summit and toured the exhibition cubicles, the place college students and startup entrepreneurs showcased improvements in semiconductors, synthetic intelligence, robotics, healthcare know-how, clever techniques and different deep-tech sectors.
The two-day summit is being organised collectively by the Bangladesh Semiconductor Industry Association (BSIA), the Ministry of Science and Technology and the Silicon River Bangladesh programme underneath the theme, ‘Building Bangladesh’s Semiconductor Future through Global Partnerships.’
Minister for Posts and Telecommunications, ICT Division and Science and Technology Faqir Mahbub Anam and Prime Minister’s Adviser on Science and Technology Rehan Asif Asad addressed the inaugural session.
It was additionally addressed by the President of the Bangladesh Semiconductor Industry Association M.A. Jabbar, Science and Technology Secretary Md. Anwar Hossain, and Chief Architect of the Silicon River Initiative and Professor of Purdue University Muhammad Mustafa Hussain.
Tomorrow, the concluding day of the summit, will characteristic the Christie Fellowship Research Symposium, the place rising Bangladeshi researchers will current their newest semiconductor analysis findings.