Who We Are

Opportunity In Bangladesh

With the growing private investment and remittances and exports, Bangladesh has continued to maintain a steady economic growth. Bangladesh has been quick in implementing policy reforms designed to create a more open and friendly climate for economic growth that would induce higher export and private investment both foreign and local.

 

  • Favorable Investment Climate

    • Growing number of SMEs in Bangladesh which contribute around 20-25% of GDP
    • SMEs account for about 45% of manufacturing value addition, ~80% of industrial employment, ~90% of total industrial units and ~25% of total labor force
    • The Foreign Private Investment (Promotion & Protection) Act 1980 provides protection for investments made in Bangladesh
    • No ceiling on investment
    • 100% foreign equity allowed
    • Capital, profit and dividend repatriation facilities
    • Reinvestment of repatriable dividends treated as new investment

 

  • Increasing Trade Integration

    • Businesses exporting 80% or more of goods or services qualify for duty free import of machinery and spares, bonded warehousing
    • 90% loans against letters of credit and funds for export promotion
    • Bangladeshi products (other than armaments) enjoy duty and quota free access to EU, Japan, Canada, Australia and most other developed countries
    • Bangladesh is a signatory to the Multilateral Investment Guarantee Agency (MIGA); Overseas Private Investment Corporation (OPIC), International Center for Settlement of Investment Disputes (ICSID); World Intellectual Property Organization (WIPO)
    • Bilateral agreements to avoid double taxation have been signed with 28 countries
    • Member of WTO since 1 January 1995 and  member of GATT since 16 December 1972
    • The policy regime of Bangladesh for foreign direct investment is by far the best in South Asia

 

  • Advantageous Labor Conditions

    • Extremely competitive labour costs, one of the lowest in Asia
    • 59.3 % of the population are economically active (15 years and over)
    • Trainable, enthusiastic, hardworking and low-cost labor force suitable for any labor-intensive industry

 

  • Increased International Support

    • Many multilateral organizations such as World Bank, ADB, IMF have continued to provide technical and financial supports

 

  • Location/Geography

    • Bangladesh acts as the bridge between South and East Asian high-growth regions as well as links with other markets e.g. India, Pakistan, Malaysia, Singapore etc.
    • The Country has very convenient access to international sea and air routes

 

  • Natural Resources

    • Bangladesh is endowed with natural gas and water reserves
    • Fertile land for production and processing for agricultural commodities
    • Aquaculture and livestock farming and processing potential 
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