Danish IT Delegation in connection with SOFTEXPO-2005.

As a part of the Danish development assistance to Bangladesh, the Royal Danish Embassy, Dhaka is arranging for the visit of a delegation of IT companies from Denmark to Bangladesh with the specific intent of outsourcing software development and IT-Enabled services. Though the volume of outsourcing from Denmark itself is not expected to be very large due to the small population of only 5 million people, it is expected that the successful entry of Bangladeshi companies into the Scandinavian market will enhance the confidence of customers in larger markets such as USA and UK.

The global market for the Offshore IT and IT Enabled services (BPO) running into several billion dollars is growing at a rapid pace and increasingly moving to countries such as China, Czech Republic, Hungary, India, Mexico, Russia, Philippines etc, with the market leader India already reaching annual exports of over 12 billion dollars.

The Danish IT delegation will attend prearranged one-to-one meetings with the Bangladeshi companies at SOFTEXPO-2005 to explore the possibilities of establishing offshore software development facilities that can create jobs for the educated youth of Bangladesh.

Danish support to all-over printing of knitwear

As a part of the Danida Private Sector Development (PSD) Programme, Mr. Niels Severin Munk, Danish Ambassador to Bangladesh, approved an amount of Taka 5.4 Crores towards grants for training & technical assistance, export promotion and  environmental improvement activities in connection with the establishment of an all-over printing facility for knitwear.

The partnership will be one of the pioneers in Bangladesh to establish an all-over printing factory for knitwear as a third-party facility, which gives the small and medium garment producers access to raw material and services they need in order to compete in the value added segment of the growing market for knitwear exports.

The joint venture production facility will be established at Bhaluka, north of Dhaka as a joint venture between Clothing Partners International A/S, Denmark and Consumer Products Limited, Bangladesh.

The overall objective of the Danida PSD Programme (www.psdbangladesh.com) is to contribute to the economic and social development of Bangladesh by attracting Danish technology and investments in the private sector of Bangladesh. PSD Programme supports the establishment of profitable, long-term and mutually binding commercial ventures between Bangladeshi and Danish companies.

Danida PSD Programme provides Advisory Services, Grants and Loan facilities during the pre-project and the project implementation phase of the cooperation between Bangladeshi and Danish companies qualifying for assistance. 

Delegation from Denmark to visit

Danida Private Sector Development Programme.

Danida Private Sector Development (PSD) Programme has been supporting technology transfer to Bangladesh since 1999 and till date over 150 Crore Taka has been committed as grant and loan assistance to 45 projects in various businesses.

As a part of the ongoing effort to improve the effectiveness of the support under the Danida PSD Programme, a high level delegation from Denmark consisting of 14 representatives from various organisations are visiting Bangladesh during 18-20 October 2005, to get a first hand understanding of the development needs of the private sector in Bangladesh. The delegation is led by Mr. Franz-Michael Skjold Mellbin from the Danish Ministry of Foreign Affairs.

The delegation will visit some of the projects supported under the Danida PSD Programme and will participate in a half-day workshop on 19^th Oct. at Dhaka to meet representatives of the local business and industry and get their suggestions on improving the effectiveness of Danida PSD Programme in fulfilling the development needs of the Bangladeshi enterprises.

In this connection Bangladesh Enterprise Institute will present their findings and recommendations based on a local review of the implementation of Danida PSD Programme during 1999-2005.

   Danish support to local production  of safety syringes

As a part of the Danida Private Sector Development (PSD) Programme, Mr. Niels Severin Munk, Danish Ambassador to Bangladesh, approved an amount of Taka 5.2 Crores to cover a grant for training & technical assistance and a loan for equipment to support establishment of a local production of safety syringes.

The government of Bangladesh has recently adopted ‘National Policy on Injection Safety’ which needs that the reusable plastic syringes are replaced by auto-disable syringes to prevent reuse and unsafe injection practices that lead to the spread of blood-borne diseases such as Hepatitis and HIV/AIDS.

For the first time in Bangladesh, a facility for production of Auto-disable (AD) syringes for the immunization market and Reuse Prevention Feature (RPF) syringes for the curative market is being established as a joint venture between Emunio ApS., Denmark and Acme Pharmaceuticals Limited, Bangladesh. The production facilities are expected to be certified under ISO 9001 and GMP. The joint venture will also work towards creating awareness about injection safety amongst the health workers in Bangladesh.

The overall objective of the Danida PSD Programme (www.psdbangladesh.com) is to contribute to the economic and social development of Bangladesh by attracting Danish technology and investment in the private sector of Bangladesh. PSD Programme supports the establishment of profitable, long-term and mutually binding commercial ventures between Bangladeshi and Danish companies.

Danida PSD Programme provides Advisory Services, Grants and Loan facilities during the pre-project and the project implementation phase of the cooperation between Bangladeshi and Danish companies qualifying for assistance. 

   Danish support to export of elastic knitwear garments      

As a part of the Danida Private Sector Development (PSD) Programme, Mr. Niels Severin Munk, Danish Ambassador to Bangladesh, approved an amount of Taka 5.2 Crores towards grants for training & technical assistance, export promotion, environmental improvement activities and loan for production equipment in connection with the establishment of an export oriented production of elastic knitwear garments.

The partnership will be one of the pioneers in Bangladesh to move into high value  elastic knitwear products such as lingerie, wherein due to the fast changing fashions, quick turn around time to the market is very important. The low production costs in Bangladesh combined with the fact that elastic knitwear is a light weight product, making air shipments affordable if necessary, allows the partners to achieve shorter turn around time in order to compete with countries such as Turkey located closer to the EU market.

The joint venture production facility will be established in Gazipur in partnership between HC Holding Thy ApS., Denmark and Northern Corporation Limited, Bangladesh.

The overall objective of the Danida PSD Programme (www.psdbangladesh.com) is to contribute to the economic and social development of Bangladesh by attracting Danish technology and investment in the private sector of Bangladesh. PSD Programme supports the establishment of profitable, long-term and mutually binding commercial ventures between Bangladeshi and Danish companies.

Danida PSD Programme provides Advisory Services, Grants and Loan facilities during the pre-project and the project implementation phase of the cooperation between Bangladeshi and Danish companies qualifying for assistance. 

Press Releases are issued to provide information regarding special event that take place under the PSD Programme. You can select recent press releases issued for different purposes from right menu.

Danish Support to back-office for Advertising Services

As a part of the Danida Private Sector Development (PSD) Programme, Mr. Tom B. Hansen, Danish Chargé d'Affaires a.i. to Bangladesh, approved an amount of Taka 4.6  Crores to cover a grant for training & technical assistance and export promotion to support the establishment of a back-office for advertising services.

The back-office will be the first of its kind ever to be established in Bangladesh within the sophisticated area of providing support services to an advertising agency in Europe using the local graphic artists trained in the use of advanced software and computers. The cooperation is expected to create a “demonstration effect" of convincing the foreign companies that Bangladesh is a viable alternative to destinations such as India,  thus opening the doors for entry into the multi-billion dollar industry of global business process outsourcing (BPO) in order to create large opportunities of employment, that were earlier not available to the educated youth.

The back-office for advertising services will be established as a Joint Venture with equity investments from Adpeople A/S, Denmark and Adcomm, Bangladesh, who are one of the leading full-service advertising agencies in Denmark and Bangladesh respectively.

The overall objective of the Danida PSD Programme ( www.psdbangaldesh.com ) is to contribute to the economic and social development of Bangladesh by attracting Danish technology and investment in the private sector of Bangladesh. PSD Programme supports the establishment of profitable, long-term and mutually binding commercial ventures between Bangladeshi and Danish companies.

Danida PSD Programme provides Advisory Services, Grants and Loan facilities during the pre-project and the project implementation phase of the cooperation between Bangladeshi and Danish companies qualifying for assistance.

Danish Support to Multidisciplinary Pain Management Clinics 

As a part of the Danida Private Sector Development (PSD) Programme, Mr. Tom B. Hansen, Danish Chargé d'Affaires a.i. to Bangladesh, approved an amount of Taka 4.5  Crores to cover a grant for training & technical assistance and a loan for equipment to support establishment of Multidisciplinary Pain Management Clinics of international standards.

The Pain Management Clinics will not only diagnose the cause of pain as well as treat the pain itself. Some of the common pain problems the clinics will manage include: arthritis, back and neck pain, cancer pain, nerve pain, migraine headaches, shingles etc. The clinics will also manage acute pain caused by surgery, a debilitating illness or a serious injury such as pain after joint replacements, pain during recovery from accidents, pain following stomach or chest surgery etc.

It is expected that thousands of Bangladeshis traveling abroad for expensive treatments lasting several weeks, will be able to get the same within the country thereby saving valuable foreign exchange. The clinics are also expected to attract patients from the neighboring countries such as Bhutan, Nepal, Myanmar and North Eastern part of India.

The Danish support includes training of Bangladeshi doctors in Denmark with Prof. Dr. Lars Arendt-Nielsen, who is operating one of the leading R&D resource bases in the world in the area of Pain Management, which is a growing discipline in the western world.

The Pain Management Clinics will be established as a technical collaboration between Bio-Consult ApS., Denmark and Unihealth Limited, Bangladesh.