The policy paper takes Bangladesh as a case on how the global tech competition significantly shapes its technological development. The vision of ‘smart Bangladesh’ has been challenged by growing tech rivalries on regional and global scales. Thus, Most. Farjana Sharmin identifies the internal and external factors which are shaping Bangladesh’s tech policy development and then analyzes the Bangladesh’s capacities, realities and challenges in the regime of current geopolitical world, and finally provides recommendations to realize the vision of an aspiring tech nation.