MD Joynal Abdin

Most Prospective Sectors to Invest in Bangladesh MD Joynal Abdin

The Book 'Most Prospective Sectors to Invest in Bangladesh' could be considered as a guide book for selecting a profitable sector to invest in Bangladesh. Question could be asked that, why an investor will invest in Bangladesh? The answer is very simple, It is one of the few countries of the world having uninterrupted GDP growth of 6.5 - 7.00 % during last decade even during the Global Financial Crisis in 2008 - 09. Bangladesh is offering a level playing policy regime to the local as well as foreign investors. Hundred percent (100%) foreign ownership and safe repatriation is ensured through enacting the Foreign Private Investment (Promotion & Protection) Act 1980. It has a large number of young and energetic workable populations about 59.3 per cent of the total citizens. According to a recent study conducted by the Japan External Trade Organization (JETRO), factors of production like land, labor, fuel, vehicle rental and hiring skilled management people, etc. are very much competitive in Bangladesh, compared to other countries of Asia. Bangladesh is a lucrative destination for foreign investors due to its global duty free market access, large domestic market, increasing trend of purchasing power of the local consumers and many more reason. In such a situation local and foreign investors are searching for information to select a suitable sector to invest in Bangladesh. This book is to offer that information to a potential investor and guide him into a suitable sector for profitable investment.