Bangladesh
is an emerging economy from South Asia which has maintained consistent
GDP growth over 6% for past few years. Bangladesh is considered as the
next big emerging market of Asia. Bangladesh′s success story is built
largely on its recent strides in socioeconomic progress. The country has
made remarkable progress in all economic, social and human development
indicators.
Today, Bangladesh has become
37th largest economy in the world
2nd largest apparel exporter
8th largest remittance recipients
Only country with most developed pharma sector among all LDC countries
A role model for remarkable progress in achieving MDG targets
Why Bangladesh
The country′s tremendous potential has been strongly endorsed by leading global financial institutes and organizations.
Citigroup Inc., JP Morgan Chase and Merrill Lynch are betting Bangladesh may be the next Asian success story.
Standard Chartered has included Bangladesh in the prestigious “7% Club” of economies that will grow at least 7 percent annually for an extended period of time.
Goldman Sachs included Bangladesh in its “Next 11” economies to watch after the BRIC nations which have high potential.
Price Waterhouse Coopers has added Bangladesh in “PWC30” list as one of the long term potential growth economies of the world by 2050.
According to HSBC′s Global Trade Confidence Index (2015), Bangladesh ranks 1st outpacing countries like India, China, Brazil, Canada, USA, Germany, Australia and others.
World Economic Forum′s Human Capital Report 2015 ranks Bangladesh ahead of India.
KPMG report says Bangladesh would be a major global outsourcing destination for IT.
McKinsey report reveals Bangladesh remains the first choice for apparel sourcing after China.
Global competitiveness in textiles can be replicated in other industries and many untapped investment opportunities in new industries such as IT, outsourcing and pharmaceuticals.
An investor friendly regulatory environment and the potential for rapid development of local markets.
Adjacency to India and China in the heart of Asia.
Substantial opportunities to attract both financial and intellectual capital investment from a large non-resident Bangladeshi community.
Capitalizing
on its economic policies, the investment environment in BD has become
increasingly more welcoming to foreign investors.
World′s top 2 Credit Rating agencies Moody′s and S&P′s have given Bangladesh stable economic outlook.