According to the IMF, the average GDP Growth for emerging and developing countries is 4.9%. Therefore, compared to other emerging markets, the GDP growth of Bangladesh has been outstanding.

And as forecasted, the growth is likely to be increased in the coming years upto 10%. One of the main driving forces of Bangladesh’s economic growth is its young workforce. As a matter of fact, in 2018, the median age in Bangladesh is just 26.0. Bangladesh has shown a very welcoming attitude towards foreign investors, allowing foreign investment in most sectors and providing favorable conditions for doing business. Investors’ enjoys tax holidays and exemptions, cash backs, Duty free import of fixed capital and assets etc which help create a favorable condition for the investors to grow in the business. And Bangladesh government is very much keen to continue supporting thrust sectors such as ICT and Technology with tailor made policy changes according to the industry need in the future.
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