Economy and Investment


Bangladesh is among the least developed countries but it is progressing gradually to a developing country through the achievement of the Millennium Development Goals in most of its objectives. Though its economy is one of the 32 economies in the Global Economy Guide. It aimed to reach middle-income country by the year 2021, where the percentage of the current growth of the economy is the 7.05% and national per capita income is $ 1,466 according to the latest statistics published by the Ministry of Planning. The economy of the country is distinguished with obtaining self-sufficiency in the production of food grain and being the third position in the production of ready-made garments in the world, and also achieving surprising success in the field of developing information systems, where the number of mobile phone users in the country more than 130 million users out of a population of 160 million. The government began recording these phones digital manner called "Bawimitrik system" registration system with fingerprint, and the country has been able to ensure food needs of the citizens, as no dead after hunger is found which is often occurs in several neighboring countries, in addition to free education in primary level and distribution of 40 million textbooks to primary and secondary school students.

The investment in Bangladesh is expected to be between 11 biggest emerging economies in the world, it depends on the export of textiles, garments, seafood, jute, fisheries and agro-products. Bangladesh is the center of agricultural products such as bananas, mangoes, potatoes, tropical fruits, onions, rice, tea, fish, jute, pineapple, etc. and several export processing zones are created to encourage foreign investors to come and invest in Bangladesh. Jobs opportunity is available to the investors in the areas of export-oriented sectors, such as industries: textiles, leather products, electronic components, chemicals, petrochemicals and agro-based industries: green jute, paper products, rayon and frozen foods, in addition to the tourism sector, light industries and infrastructures such as power generation and oil, gas and other mineral exploration, communications, ports and ordinary roads and highways projects.