CEBR also observed that Bangladesh is set to witness a significant economic growth in the next 15 years. They are expecting Bangladesh’s “annual rates of GDP growth to average 7.0% between 2018 and 2033.” Our GDP was at $280 billion in 2018, and should increase to $396bn in 2023. It is clear that, over the last five years, Bangladesh’s economy has moved forward, but continues to face several challenges. The new Finance Minister AHM Mustafa Kamal has a tough task ahead, but appears to have taken his task of overcoming the challenges with commitment. Consequently, though they may be only partially correct, BEPZA should be more pro-active in its efforts to remove existing challenges and improving further investment opportunities.

Source: Dhaka Tribune January 26, 2019 18:00 UTC