Bangladesh: Trade and Investment Profile
Situated in South Asia, Bangladesh is a young democracy with all the growth pains that accompanies this. Traditionally an agrarian economy, Bangladesh has established itself as the textile and readymade garment powerhouse of the world, with almost all major global apparel brands sourcing from Bangladesh.
With a large population of ~160 million people, Bangladesh has maintained an impressive track record of growth and development over the past decade, growing at nearly 6% per year through strong export performance.
With a business climate supportive of FDI, Bangladesh’s growth is likely to continue on this trajectory. Most critical to this growth will be energy policies that enables a better fuel mix to diversify power generation and exploit untapped gas reserves. Other opportunities include modernisation of Bangladesh’s transport system, and port infrastructure.
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