Bangladesh can be a lucrative investment destination as there is immense opportunities of growth. The recent development of economic journey of Bangladesh is so far a successful one. In 2020 the growth rate of GDP in Bangladesh has risen nearly 7 percent. The country virtually stand like a bridge between the markets of South Asia. In fact Bangladesh is considered as one of the fastest growing market holder of South East Asia.
Bangladesh has shown tremendous strength in fighting with COVID-19. The country has unexpected and remarkable success stories in recent years. Undoubtedly it will become a middle income country very soon. So what are the potential sectors can be invested-
Bangladesh have started growing rapidly in the sector of IT and ITES related services in recent years. Though the ICT industry is small compared to the population in Bangladesh but the growth rate is satisfying.
Bangladesh’s economy primarily rely on agriculture. About 80% of the whole population lives in rural areas. So here is a good opportunity to invest and use the manpower.
The high skill and low cost labor resource in the sector of electronics can provide great return on investment.
The leather industry of Bangladesh is long and established because of its abundance of resources and internationally competitive rates.
In Bangladesh automation is the key to its economy and business. So power generation and electricity supply becomes a key priority of government.
Expansive international companies have already built operations in Bangladesh as they seek to grow, lowing manufacturing costs, promote exports.
Beside all these sectors investors can also invest in other sectors like Frozen foods, Garments and textiles, light engineering etc.