Two eminent international technology firms – online video streaming service YouTube and online market place – Amazon will start their operation in Bangladesh in early next year.
Sources at Information and Communication Technology (ICT) division said that a delegation of YouTube, a subsidiary of search engine giant Google, will make a visit to Dhaka next week.YouTube is an online video streaming service of tech giant Google and Amazon is a United State-based e-commerce entity. The delegation will meet several people including the government ministers and private sector stakeholders to discuss its potential move to the country, according to the sources.
Regarding this, Telecommunications Minister Mustafa Jabbar said that interest of global firms proved the growing market standard of technology sector in the country.
“Amazon will come and YouTube will open office within two months that brings new opportunities for local businesses. There is no fear for the local entrepreneurs. In the age of connectivity, all of us should prepare for competitive market,” Mustafa Jabbar told the daily sun. According to analysts, YouTube’s possible move came after the website witnessed a significant rise of users, channels, user-generated contents as well as big-budget marketing contents.
On YouTube contents, the minister said, “The number of contents generated from Bangladesh is less for the time being. Television channels are adding their contents.”
Minister also said that now anyone can submit report to any malicious contents to the YouTube authorities which will create governance in content on internet.
Local technology entrepreneurs thinks that the launching of YouTube will begin a new era for multimedia content developers in mother language and Amazon will create a competitive market in e-commerce sector.