Why Bangladesh

One of the world’s fastest-growing economies

Bangladesh, growing rapidly over a decade, is on its way to becoming the next Asian Tiger. Economic and political stability are driving its journey towards the future. Currently the 41st largest economy, Bangladesh will be the 25th largest economy by 2035.
7% average GDP growth in last five years
$2,227 per capita GNI in FY 2020-21, surpasses neighbors
$25 billion remittances, 6% of GDP
$44 billion in Forex reserve, 8-9 months import coverage
5.56% inflation in FY 2020-21
Stable sovereign ratings by Moody’s, Finch and S&P
Stable sovereign ratings by Moody’s, Finch and S&P

One of the world’s fastest-growing economies

Currently the world’s 7th most populated country, Bangladesh’s stable growth has raised tens of millions to middle class and affluence (MAC) status. Besides being the location for a booming domestic market, Bangladesh is also strategic hub linking India, China and the ASEAN countries.
Half of the population will be living in urban areas by 2040
169 million+ population, 3,000 people living per square mile
3 billion+ regional consumers can be accessed
10.5% annual growth in MAC population, to reach 34 million by 2025
47.61 million access the internet
45 million actively use social media

Young and energetic

Bangladesh is powered by a rising young population. Young Bangladeshis are fuelling a sharp rise in the labor force and supporting industrialization and consumption.
45% of its population is aged below 24 years
70% is aged below 40

2.3 million young professionals
enter workforce every year

74.70% literacy rate, global average 86.3%

Empowering infrastructure

Bangladesh has implemented mega projects to accelerate the growth of industries and to take full advantage of its strategic location.
580 km coastline with 90% international trade done via Chittagong and Mongla ports
10 active land ports linking various states of neighboring India
Deep-sea ports – Matarbari and Payra Ports to be completed by 2025
3 international and 5 domestic airports
22,418 km of highways and extensive network of good quality roads
2,955 km of railways connecting eastern Bangladesh extensively
3 Asian highways – AH1, AH2 and AH41 connecting India & Myanmar
Part of regional highway corridors like SASEC, BIMSTEC and SAARC

Investment focus

Bangladesh has the most liberal investment regime in the region, characterized by a wide array of facilities, attractive incentive policies and consistent reforms. Investment development is one of the 10 Special Initiatives of Bangladesh’s Honourable Prime Minister.
Tax exemption, reduced taxation available depending on industry type and locations
100% foreign ownership is allowed in nearly all sectors
Simplified procedure for issuing work permits to foreign nationals
Bonded warehousing facilities for export oriented industries
Intellectual Property Right is protected by law
Equal treatment of domestic and foreign investment
Bilateral Investment Treaties (BITs) with 31 countries
Double Taxation Treaties (DTTs) with 36 countries

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