Emerging Bangladesh

Emerging Bangladesh

Bangladesh is a moderate, secular, and democratic country with a population of 160 million, making it the seventh most populous country in the world. Bangladesh is a big potential market for Australia exports, with a growing garment sector providing steady export-led economic growth. Bangladesh offers promising opportunities for investment, especially in the energy, pharmaceutical, and information technology sectors as well as in labor-intensive industries. The Government of Bangladesh actively seeks foreign investment, particularly in energy and infrastructure projects, and offers a range of investment incentives under its industrial policy and export-oriented growth strategy, with few formal distinctions between foreign and domestic private investors. The country is well positioned to expand on its success in ready-made garments, diversify its exports, and move up the value chain. Bangladesh’s economy is dominated by agriculture and manufacturing.