Executive Bangladesh briefing

Bangladesh has a robust economy with many untapped economic opportunities. Despite the recent global economic recession, Bangladesh exports grew by 40% between 2010 and 2011. The garments and shipbuilding sectors recorded the fastest growth. The sectors are responsible for the remarkable growth. Bangladeshs position on the global maritime trading routes offers great opportunities for international companies seeking to access the Indian Ocean maritime trading routes. The country is strategically positioned between Indian and China, the fastest growing economies in the world.
A growing middle class with more disposable income offers opportunities for multinational companies to expand. More than 57% of the countrys population is below 25. These population is highly productive and offers investors talent they can utilize to improve their investments.
The governments commitment to the development of infrastructure ensures robust urban centers, ease accessibility of the interior, potentially productive areas, and integration with neighboring economies, which enhances industrial growth. More than 5.5 million citizens live in foreign countries and remit money annually that account for more than 11% of the GDP. There is also reverse brain drain as skilled Bangladesh citizens return to the country after studying abroad.
Agriculture and shipping offer great investment opportunities. However, there are numerous risks for any investor seeking to invest in the country. The government in the country is corrupt and lacks accountability in terms of taxation and investments. Investors face the risk of underhand business deals and the passing of irrelevant policies designed to give influential investors an advantage over the competition. Energy shortage in the country is also a risk for industries. Investments in the industry sector are risky because of the government policy of load shedding. Despite the many risks, the Bangladesh government is committed to improving the work environment for the four million Bangladesh citizens working in the industrial sector.