Investment In Bangladesh
Bangladesh offers an unparalleled investment climate compared to the other South Asian economies. Eight key pointers are given below:
Bangladeshi products enjoy duty free and quota free access to almost all the developed countries. This access to the global market is further helped by the fact that the policy regime of Bangladesh for foreign direct investment is by far the best in South Asia. Most Bangladeshi products enjoy complete duty and quota free access to EU, Canada, Australia and Norway. Though in limited scale, Bangladesh products already found their access with lower duty in the markets of Thailand, India and Pakistan. However, talks are underway with China, Russia, Malaysia and other neighbouring countries in this regard.
Investment Sectors
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Bangladesh Export Competitiveness
Bangladesh, despite being a least developed economy, has a proven record in export competitiveness. Here is a summary of the facts. From 2003 to 2017 Bangladesh achieved annual export value growth of 19.6%, a testimony to its export competitiveness. Whilst not wishing to be complacent, and being mindful of difficult global trade conditions in 2008-2010, these positive trade differentials are likely to be with Bangladesh well into the future.
Competitive Cost Base
In January 2010, JETRO conducted a comparative survey of investment related costs in 29 major cities and regions in
Asia. The following comparison is based on that survey with some selected cities. Bangladesh offers a truely low competitive cost base.
Wages and salaries are still lowest in the region, a strong business advantage. Yet this is an increasingly well-educated, adaptive and peaceful population with many skilled workers.
BIDA notes that the figures are not absolutes, but serve as a guide. Whilst the actual costs vary each month the general trends remain similar. No precise figures are shown with the graphs because they are only a ‘snapshot’ of costs on the day of survey.
Fiscal-and-Non-Fiscal-Incentives
Bangladesh offers some of the world’s most competitive fiscal non-fiscal incentives. BIDA can advise further on this matter. In summary and in most cases, these amount to the following:
Investment In Bangladesh
Bangladesh offers an unparalleled investment climate compared to the other South Asian economies. Eight key pointers are given below:
Bangladeshi products enjoy duty free and quota free access to almost all the developed countries. This access to the global market is further helped by the fact that the policy regime of Bangladesh for foreign direct investment is by far the best in South Asia. Most Bangladeshi products enjoy complete duty and quota free access to EU, Canada, Australia and Norway. Though in limited scale, Bangladesh products already found their access with lower duty in the markets of Thailand, India and Pakistan. However, talks are underway with China, Russia, Malaysia and other neighbouring countries in this regard.
Investment Sectors
Explore investment opportunities
Bangladesh Export Competitiveness
Bangladesh, despite being a least developed economy, has a proven record in export competitiveness. Here is a summary of the facts. From 2003 to 2017 Bangladesh achieved annual export value growth of 19.6%, a testimony to its export competitiveness. Whilst not wishing to be complacent, and being mindful of difficult global trade conditions in 2008-2010, these positive trade differentials are likely to be with Bangladesh well into the future.
Competitive Cost Base
In January 2010, JETRO conducted a comparative survey of investment related costs in 29 major cities and regions in
Asia. The following comparison is based on that survey with some selected cities. Bangladesh offers a truely low competitive cost base.
Wages and salaries are still lowest in the region, a strong business advantage. Yet this is an increasingly well-educated, adaptive and peaceful population with many skilled workers.
BIDA notes that the figures are not absolutes, but serve as a guide. Whilst the actual costs vary each month the general trends remain similar. No precise figures are shown with the graphs because they are only a ‘snapshot’ of costs on the day of survey.
Fiscal-and-Non-Fiscal-Incentives
Bangladesh offers some of the world’s most competitive fiscal non-fiscal incentives. BIDA can advise further on this matter. In summary and in most cases, these amount to the following: