Bangladesh is pushing for a digital transformation through initiatives like the Digital Bangladesh program and Smart Bangladesh, intending to evolve into a knowledge-driven economy. However, this ambition faces major hurdles, particularly in the energy sector, where a significant gap exists between demand and supply. Bangladesh's reliance on fossil fuels and frequent power outages hamper the growth of its IT industry, highlighting the urgent need for investment in renewable energy sources to ensure the sustainability and sovereignty of its digital progress.
Bangladesh is actively pursuing a variety of policies designed to facilitate its digital transformation and the growth of its digital economy, with the goal of shifting from a primarily manufacturing-based economy to a more knowledge-based society.
Despite its ambitious plans, power problems continue to plague Bangladesh, especially in the country's growth-stage IT industry, where demand for energy far outpaces supply.
As Bangladesh moves toward a more digitally-driven economy, addressing its energy challenges becomes critical, not only for ensuring infrastructure sovereignty, but also for safeguarding its digital sovereignty.
Bangladesh needs to grow its renewable energy industry to plan for less dependency on harmful energy sources like natural gas and coal.
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