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
90% businesses express high
confidence during
COVID-19: survey
Connecting key markets
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%
Flexible cost of labor
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
Investment protected by Foreign Private
Investment
(Promotion & Protection) Act 1980
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
Signatory of 4 Treaties with Investment Provisions (TIPs) and 20 Investment Related Instruments (IRIs)
