BIDA

Welcome to Bangladesh
The Rising Star of Asia

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% internationaltrade 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

No restrictions on issuing of work permits for 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 30 countries

Double Taxation Treaties (DTTs)
with 34 countries

Signatory of 4 Treaties with Investment Provisions (TIPs) and 20 Investment Related Instruments (IRIs)

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