The Bangladesh Semiconductor Industry Association (BSIA) has unveiled an ambitious roadmap to reach $1 billion in semiconductor exports by 2030. The key? Building a workforce of 10,000 skilled engineers and securing supportive government policies.
At an industry event in Silicon Valley, BSIA President MA Jabbar shared the organization’s strategy to position Bangladesh as a competitive player in the global semiconductor market, now valued at over $670 billion. By focusing on workforce development and enhancing local research and development (R&D), the BSIA plans to unlock the country’s potential in chip design and testing.
Despite current exports of under $10 million annually, progress is evident. In 2024, the industry employed nearly 700 chip designers and generated $8 million in export earnings. Industry leaders like Md Shakhawat Hossain, CEO of Neural Semiconductor, highlighted the need for greater government support, such as cash incentives and enhanced academic collaborations, to match the success of peers like Malaysia and India.
The BSIA’s roadmap also includes future plans for local chip packaging, testing, and assembly, with the ultimate aim of establishing manufacturing facilities within the next decade.