a

Help your business grow by creating your next online presentation with Cevian, a business virtuoso.

Recent Posts

Quick business execution 00 875 665 874 88 cevian@select.com
Back to top

Industries

  /  Industries

Agri-Business Sector

GDP from Agriculture in Bangladesh averaged 8879.79 BDT Million from 2006 until 2018, reaching an all-time high of 10468.80 BDT Million in 2018. Government placed special incentives for investors such as: Tax incentives for 5-7 years, cash incentives and export subsidies for selected export products ranging from 5% to 20%, loan disbursement target in agriculture is USD 2 Billion, entrepreneur equipment fund etc. More than 47.5% population depends on agriculture livelihood locally.

Information Communication Technology

Bangladesh has identified ICT as a ``thrust sector`` as it represents potential for successful reforms. More than 100 companies export their products to over 30 countries. The major export market is North America, but recently many IT companies started exporting to EU countries and East Asian countries, especially to Japan. At least 30 companies, among 100 companies that export their products, are established through joint-venture with an overseas company or as an offshore development center (ODC) by one-hundred-percent foreign capital.

Power and Renewable Energy

To meet the cumulative demand of electricity, coal, gas, diesel, etc. based power generation methods are being used at this moment. Besides, renewable energy arrives from biogas, hydropower, solar and wind. The Bangladesh government has announced fiscal incentives for investors to facilitate the investment in power plants. The biggest strength of the power industry of Bangladesh is the high demand of power within the country.

Garments & Textiles

Bangladesh is the largest exporter of apparel products in the world along with China and Vietnam, there is a huge investment opportunity in the textile and garment industry. The available workforce at a reasonable wage, duty-free market access in major export destinations, preferential location in the heart of the Asia-Pacific region and government policy support acted as a catalyst to attract foreign investment in the textile and apparel industry, stakeholders opined. In the RMG industry demand for fabric significantly exceeds local supply and it is currently being met by imports. Backward linkage is a significant trading opportunity and supported by a government backed incentive: 15% cash subsidy of the fabric cost to exporters sourcing fabrics locally.