Investors weigh Bangladesh’s potential

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Call center business services represent a growing economic sector in Bangladesh

In a bid to showcase the country’s overlooked growth potential, Bangladesh will stage its first ever investment summit on December 4 in Singapore. The event will explore trade and investment opportunities for Asia’s sovereign wealth funds, family offices, public and private pension funds and other financial investors in Bangladesh markets, organisers said.

Corporatations, private banks, asset managers, investment banks and other financial institutions who are looking at investment and trade opportunities in Bangladesh are expected to attend the summit.

Bangladesh, a nation that has not necessarily been on the radar of global investors over the past years, aims to be a middle-income country by 2021, a target the World Bank says Bangladesh needs to do more in terms of foreign direct investment to achieve.

Basically, Bangladesh has proved to be a relative resilient and attractive investment destination even in the thick of a severe global economic downturn. The country is poised to achieve at least 6 per cent GDP growth this year despite the worldwide slowdown. Advantages of Bangladesh are a strong local market and its export competitiveness due to low wages. Furthermore, the middle class in Bangladesh, a  country with a population of 150 million people, is larger than the total population of Malaysia, Singapore and Thailand.

Key sectors of interest for investors in Bangladesh are agribusiness, textile and leather, electronics, energy, business services, engineering and the heavily promoted life science sector focusing on pharmaceuticals, biological innovations and agro science.

However, Bangladesh also holds some well-documented disadvantages for foreign investors, which are complicated bureaucracy, political unrest, corruption, high inefficiency cost, absence of autonomous regulatory bodies, erratic power supply, lack of administrative coordination, inefficient customs processing and frequent natural disasters.

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Reading Time: 2 minutes

Call center business services represent a growing economic sector in Bangladesh

In a bid to showcase the country’s overlooked growth potential, Bangladesh will stage its first ever investment summit on December 4 in Singapore. The event will explore trade and investment opportunities for Asia’s sovereign wealth funds, family offices, public and private pension funds and other financial investors in Bangladesh markets, organisers said.

Reading Time: 2 minutes

Call center business services represent a growing economic sector in Bangladesh

In a bid to showcase the country’s overlooked growth potential, Bangladesh will stage its first ever investment summit on December 4 in Singapore. The event will explore trade and investment opportunities for Asia’s sovereign wealth funds, family offices, public and private pension funds and other financial investors in Bangladesh markets, organisers said.

Corporatations, private banks, asset managers, investment banks and other financial institutions who are looking at investment and trade opportunities in Bangladesh are expected to attend the summit.

Bangladesh, a nation that has not necessarily been on the radar of global investors over the past years, aims to be a middle-income country by 2021, a target the World Bank says Bangladesh needs to do more in terms of foreign direct investment to achieve.

Basically, Bangladesh has proved to be a relative resilient and attractive investment destination even in the thick of a severe global economic downturn. The country is poised to achieve at least 6 per cent GDP growth this year despite the worldwide slowdown. Advantages of Bangladesh are a strong local market and its export competitiveness due to low wages. Furthermore, the middle class in Bangladesh, a  country with a population of 150 million people, is larger than the total population of Malaysia, Singapore and Thailand.

Key sectors of interest for investors in Bangladesh are agribusiness, textile and leather, electronics, energy, business services, engineering and the heavily promoted life science sector focusing on pharmaceuticals, biological innovations and agro science.

However, Bangladesh also holds some well-documented disadvantages for foreign investors, which are complicated bureaucracy, political unrest, corruption, high inefficiency cost, absence of autonomous regulatory bodies, erratic power supply, lack of administrative coordination, inefficient customs processing and frequent natural disasters.

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