Why Bangladesh
Bangladesh offers duty- and quota-free access to its products in almost all industrialized countries, particularly in Germany, the EU, Canada, Australia, and Norway. This is further supported by the country’s investor-friendly policies, which are among the best in South Asia.
The country is characterized by a stable social and political environment, a resilient population, and broad political support for market-oriented reforms. Its geographical location provides quick access to international trade routes, and Bangladesh is rich in resources like natural gas, water, and fertile soil.
Bangladesh also offers a well-educated, cost-effective workforce and a growing domestic market potential. The widespread use of English as a second language and a low GDP per capita provide further growth opportunities.
Competitive Cost Advantages in Bangladesh:
- Lower labor and management costs compared to cities like Singapore or Shanghai.
- More affordable rents for industrial and office spaces compared to other major cities.
- Cost-effective housing for expatriates and competitive energy prices.
- Easy repatriation of dividends and capital, with opportunities for permanent residency and citizenship through investment.
Bangladesh offers numerous advantages for businesses looking to enter the international market.