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Bangladesh Profile – Investors Services co. Ltd.

Bangladesh Profile

Bangladesh Profile

Information on Investment in Bangladesh

Resources
Food: Rice, vegetables, pulses, fish and meat.
Principal Crops: Rice, wheat, jute, tea, tobacco and sugarcane.
Principal Rivers : Padma, Brahmaputra, Jamuna, Meghna, Karnaphuli,Surma, Dheleshwari, Teesta, etc. Total 230 rivers including tributaries.
Mineral Resources : Natural gas, limestone, hard rock, coal, lignite, silica,sand, white clay, radio-active sand, etc.

The Economy
Currency: Taka, In short: Tk.
GDP at Current Price:  TK. 39,764.62 Billion
Per Capita GNI at current price : US$ 2,824
GDP Growth: 7.25%
Industrial Growth: 10.44%
Population: 170.8 Million
Inflation Rate: 7.70%
Investment Rate : 31.68%
National Savings Rat 30.4%
Exports : US$: 52.08 Billion
Imports : US$ 92.23 Billion
Exchange Rate (average): US$ = Tk. 105.35 
: Euro = Tk. 115.82
: British Pound = Tk. 132.23
: Australian Dollar = Tk. 72.30
: Japanese Yen = Tk. 0.82
: Saudi Riyal = Tk. 22.68
: US$ (billion) = 32.2 (October 2022)
Foreign Exchange Reserve: US$ (billion) = 32.2 (October 2022)
Major Industries: Textiles, Garments, Basic Chemical, Paper, Newsprint, Fertilizer, Leather and Leather Goods, Sugar, Cement, Fish Processing, Pharmaceuticals, Jute, Tea, etc.
Traditional Export Items: Raw jute, jute manufactures (hessian, sacking, carpet Backing, carpets), jute products, tea, leather, leather Products etc.
Non-traditional Export Items: Garments, frozen shrimps, other fish products, Newsprint, paper, naphtha, furnace oil, urea, ceramic Products etc.
Major Imports: Wheat, oil, seeds, crude petroleum, raw cotton, edible oil, petroleum products, fertilizer, staple fibers, yarn, iron & steel, capital goods, etc.
Major Trading Partners: USA, EU Countries, India, China, Japan, South Korea, Australia, Malaysia, Hong Kong, Taiwan, Indonesia, Pakistan, Thailand, Kuwait, Saudi Arabia, UAE.



 Air, Sea and River Ports
International Airports: : Hazrat Shahjalal International Airport, Dhaka
: Shah Amanat International Airport, Chattogram
: Osmani International Airport, Sylhet.
Domestic Airports: Dhaka, Chattogram, Sylhet, Syedpur, Cox’s Bazar, Rajshahi, Jessore and Barisal.
Sea Ports: Chattogram, Mongla and Payra
Inland River Ports : Dhaka, Chandpur, Barisal, Khulna, Jhalokathi, Nalsity, Baghabari, Chirirbandar, Narayanganj, Sirajganj, etc.

Trend in the export earnings of Bangladesh since 2011- 2022

In South Asia, Bangladesh offers the most liberal and open FDI regime with no prior approval requirements or limits on equity participation and participation of capital, dividends, profits and income.

Foreign Investment in Bangladesh

Source: The World Bank

Digital Bangladesh

  • Promotes the use of information and communication technology (ICT) in all walks of life to provide the goods and services needed for human Subsistence and growth.
  • Comprises the philosophy of people’s democracy, basic rights, transparency, accountability, equity, justice and an optimal public delivery system of services, including public goods.
  • Includes all classes of the citizens on the principles of non discrimination and non exclusion.
  • Ensures equal access to technology and knowledge based services.

Source: Bangladesh Profile

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