America Bangladesh Chamber of Commerce & Industry (ABCCI)
23 December 2024, The Westin Dhaka
5:00 pm to 10:00 pm
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Bangladesh’s Economy Is Growing
Bangladesh is one of the attractive Business destinations in Asia
Bangladesh, with its GDP growth consistently surpassing 6% over the past decade, has demonstrated exceptional resilience and potential. Its young, dynamic, and rapidly growing workforce is one of the key contributors to Bangladesh’s economic growth and investment potential. Over 60% of Bangladesh population is under the age of 30. This demographic dividend offers huge potential for market growth and investment combined with a rising middle class with increasing purchasing power.
Key Business Sectors
Ready-Made Garments (RMG)
It has long been a significant contributor to the country’s export earnings. However, other sectors are also seeing substantial growth.
ICT
Government’s Digital Bangladesh Vision is experiencing rapid expansion
Pharmaceuticals
Bangladesh is being one of the few countries with a ‘pharmaceutical product patent waiver’ until 2033. It is another promising sector. This sector offers a big opportunity for investors who are interested in generic drug production.
Infrastructure
Substantial investment in infrastructure development, including highways, bridges, sea ports, power plants, and mass rapid transit, is underway for meeting the demands of the population and industry.
Leather
The leather and leather products sector has received significant investment in recent years for its comparative labor sources and domestic production of raw materials
With a combination of remarkable economic growth, a young workforce, and government initiatives to attract foreign investment Bangladesh has emerged as a promising investment destination. Bangladesh is likely to attract increased international attention in line with trade and investment.
USA Trade mission to Bangladesh
The USA Trade mission would be a team of mainstream American Businessmen, NRB (Non- Resident Bangladeshi) Businessmen and Professionals representing a different business sector for facilitating foreign investment and business of Bangladesh in and abroad. This mission aims to enhance business ties between the USA and Bangladesh. Bangladesh American Chamber of Commerce in collaboration with Business America Magazine as a pivotal facilitator of foreign trade and investment of Bangladesh by engaging with key government officials, industry leaders, and business associations, the mission seeks to position.
Objectives of this mission
>> To know ground level information on Business and Investment Potentialities of Bangladesh
>> To know business potentialities of Mission Team Members
>> To create opportunity for network building between right partners
>> To develop future course of actions of this Trade Mission