In addition to its more visible garment manufacturing and textile industries, Bangladesh offers opportunities in the areas of energy, power and infrastructure, with telecommunications also a growing industry.
Bangladesh’s long term outlook is positive, due to favourable demographics and competitive low-cost manufacturing, and growth is projected to reach 7% by 2018. Yet it should be noted that
Bangladesh is among Asia’s poorest countries, and lags behind others in the region in terms of doing business and creditworthiness. Its liberal regime has meant that direct foreign investment has risen in recent years, but limitations of infrastructure and governance, along with a shortage of skills, continue to restrict its growth.
In addition to its more visible garment manufacturing and textile industries, Bangladesh also offers opportunities in the areas of energy, power and infrastructure, with telecommunications also a growing industry.
Bangladesh’s geographic position and sea ports also means there are opportunities for growth through regional integration with landlocked countries like Nepal, Bhutan and the north-eastern parts of India.