Bangladesh investment

Bangladesh reaching out for investment

Bangladesh has a vibrant economy and expanding industrial sectors that are eager to attract foreign investment.
Reaz Islam, CEO of LR Bangladesh Asset Management
Reaz Islam, CEO of LR Bangladesh Asset Management

The investment case for Bangladesh is convincing, but it needs to be publicised. Too often the country gains attention for natural or man-made disasters, or else it is dismissed as a source of cheap labour for the textile and garment industries.

Yet, as long ago as 2005, Goldman Sachs named Bangladesh as one of its “Next 11” countries, which also included South Korea and Indonesia, for its promising investment and growth outlook. And the Japan Bank for International Cooperation ranked the country as the 16th most attractive investment destination in 2011.

Indeed, Bangladesh has enjoyed a decade of sustained improvement in its macroeconomic indicators, as Fazle Kabir,...

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