Located in the south eastern part of Asia, Bangladesh is the 8th most populated country globally. The country has three neighboring countries: India, Nepal and Burma. The economy of Bangladesh, like India is progressive, meaning the economic policy stresses much on the primary and secondary sector to cater to its vast population that come under the segment. Since the last couple of years, the nation of Bangladesh has been performing well in terms of developmental and infrastructural undertakings.
Bangladesh is also home to BEXIMCO, the country’s largest private sector company. The company is owned by the renowned Bangladeshi businessmen, Sohail F Rahman and Salman F Rahman. Both brothers are also known for their involvement in the social sector and considered as the top businessmen of the country.
Let’s have a quick look into some of the business opportunities in Bangladesh.
Food Processing
The labor and raw materials in Bangladesh are very cheap. If a company is looking to establish a profitable company in Bangladesh, the food processing industry is a good option to consider.
Textile
Bangladesh is globally well known for its textile and garment industry. Attributing to its low cost manufacturing capabilities, the country has emerged as a giant manufacturing hub spot. Over the last few years, this industry has seen a boom.
Rice Farming
Owing to both the cheap labor and the geographical setting of the country, rice farming is an ideal and a big opportunity. Bangladesh is also one of the largest rice exporters globally.
Bangladesh is an emerging economy and has high potential for investments. Other potential areas for investment include, fruit plantation, seafood business, freight forwarding business, financial services and many more.
Bangladesh is also home to BEXIMCO, the country’s largest private sector company. The company is owned by the renowned Bangladeshi businessmen, Sohail F Rahman and Salman F Rahman. Both brothers are also known for their involvement in the social sector and considered as the top businessmen of the country.
Let’s have a quick look into some of the business opportunities in Bangladesh.
Food Processing
The labor and raw materials in Bangladesh are very cheap. If a company is looking to establish a profitable company in Bangladesh, the food processing industry is a good option to consider.
Textile
Bangladesh is globally well known for its textile and garment industry. Attributing to its low cost manufacturing capabilities, the country has emerged as a giant manufacturing hub spot. Over the last few years, this industry has seen a boom.
Rice Farming
Owing to both the cheap labor and the geographical setting of the country, rice farming is an ideal and a big opportunity. Bangladesh is also one of the largest rice exporters globally.
Bangladesh is an emerging economy and has high potential for investments. Other potential areas for investment include, fruit plantation, seafood business, freight forwarding business, financial services and many more.