Bangladesh has identified ICT as a “thrust sector” as it represents potential for successful reforms. More than 100 companies export their products to over 30 countries. The major export market is North America, but recently many IT companies started exporting to EU countries and East Asian countries, especially to Japan. At least 30 companies, among 100 companies that export their products, are established through joint-venture with an overseas company or as an offshore development center (ODC) by one-hundred-percent foreign capital.