Is Bangladesh becoming an Asian IT giant? Modern looking IT centers all over Bangladesh.
Bangladesh Economic & Infrastructure Development - Updates & Discussions
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Bilal9
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Is Bangladesh becoming an Asian IT giant? Modern looking IT centers all over Bangladesh.
No - still early days.
Modern looking IT centers don't really ensure a country becoming an IT giant. These are supposed to be places where IT talent can gather using IT startups. There is plenty of talent but they are not organized. Some IT talent are being lost via brain drain to overseas countries. They would have stayed local if there were investments and organized jobs locally.
IT service providers just need credibility using solid reputation companies which can provide stellar IT services to companies all across the globe and can do it from these IT parks with Tier 4 datacenters and uninterrupted connectivity.
Bangladesh is already a major contender in freelanced IT services - though nowhere in actual Backoffice or ITES services for the likes of larger India (or even Pakistan).
IT services exports from Bangladesh were $2 Billion vs. $6 Billion a year from Pakistan - though rapidly growing . I am sure it was much, much more from India, probably North of $150 Billion or so - owing to a robust IT services eco-system.
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Bilal9
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Now a piece about small and medium sized shoe mfrs. and exporters from Bangladesh. Mind you - these are not explicit large scale exporters with tens of thousands of employees (of which there are plenty in the dozen or so Export Zones), just local shoe maker outfits that export once in a while. numbering 2500 outfits. Local shoe market is small - around $3.14 Billion worth (Tk.30,000 crores). Much smaller than the Indian shoe market, yet large enough. Indian market is around $15 Billion.
www.imarcgroup.com
Shoe Export market from Bangladesh is around a Billion dollars - but growing quite fast, with synergies from apparel industry. Sheikh Hasina favoring the neighbor country again, with imports from India a big chunk of the market, which could easily be made locally.
India Footwear Market Size, Share and Report Analysis 2024-2032
The India footwear market size reached US$ 17.0 billion in 2023 and is expected to reach US$ 42.8 billion by 2032, exhibiting a CAGR of 10.5% during 2024-2032.
Shoe Export market from Bangladesh is around a Billion dollars - but growing quite fast, with synergies from apparel industry. Sheikh Hasina favoring the neighbor country again, with imports from India a big chunk of the market, which could easily be made locally.
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Bilal9
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Bangladesh leads the world in "green" eco-friendly factories (LEED platinum-rated, gold rated and silver rated). Factories in Bangladesh are truly "workers paradises", no lie. They have childcare, healthcare and all other needed facilities which are unheard of in the rest of the region.
Komol Dey, back at his screaming best.
I feel sorry for his wife (if he even has one). She has to put up with this.
From Chittagong Port on FDI in this sector.
Komol Dey, back at his screaming best.
I feel sorry for his wife (if he even has one). She has to put up with this.From Chittagong Port on FDI in this sector.
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Bilal9
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India wants to build a specialized hospital in Bangladesh at a cost of thousand crore rupees. At the BIMSTEC conference, Indian businessmen said that in 2021, about 2.5 million Bangladeshis spent 510 million dollars on medical treatment in India. Hence, if their proposed specialized hospital is built, that dependency will be reduced. Investments in energy, electricity and education sectors were also discussed.
Bilal's note: In attendance were India-suck-up-in-chief Matlub Ahmed of Nitol-Tata Motors (Bangladeshi only in name, his heart is in India) and Indian HC His excellency Pranay Verma, both representing the local club of the 5 footer Munchkin community.
Anyway - here's the video. You can clearly see that Bangladeshis were jumpin' for joy and doing cartwheels at the prospect of more illegal Indians working in Bangladesh.
Bilal's note: In attendance were India-suck-up-in-chief Matlub Ahmed of Nitol-Tata Motors (Bangladeshi only in name, his heart is in India) and Indian HC His excellency Pranay Verma, both representing the local club of the 5 footer Munchkin community.
Anyway - here's the video. You can clearly see that Bangladeshis were jumpin' for joy and doing cartwheels at the prospect of more illegal Indians working in Bangladesh.
মাতলুবের মতলব কি তা আমরা সবাই জানি। মাতলুবের খানা পিনা যোগায় ভারত। তাই সে ভারতের স্বার্থই তো দেখবে। ব্যাটা জাপানী গাড়ি আমদানী না করে ভারতের গাড়ি আমদানী করে। Shame on him.
Bilal9
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This is his bread and butter, licking Indian boots. India'r Pa-chata golam.
If this idiot had any business sense, he'd expand his assembly unit with components from Chinese truck suppliers.
Instead - he keeps licking Indian boots. In any case, tariff for Indian garbage will go up high once Hasina leaves.
He is setting up assembly unit for Hero Motors (Motorcycle mfr.) ...there is a Tata truck assembly unit in Western Bangladesh near the border already .
Let him lick India's hairy a*ss for now. We will see how he continues his business once the govt. in Bangladesh is changed.
Bilal9
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Apparel exports to the US reached $9.75 billion
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China interested in setting up electric vehicle factory in Bangladesh: Envoy
Representational image. Photo: iStock
China is interested in setting up an electric vehicle manufacturing factory in Bangladesh, Chinese Ambassador to Bangladesh Yao Wen said today.
"Our cooperation, the long-term cooperation - is for the benefit of the people of Bangladesh. After the Padma Bridge, China wants to invest in infrastructure development in the western region. At the same time, investors are interested in working together with Bangladesh in the production of electric vehicles," he said while speaking to journalists after a meeting with Planning Minister MA Mannan at the Planning Ministry on Wednesday (16 August).
"As a long-time tested friend of Bangladesh, China will provide all possible cooperation in the development of bilateral trade relations. If Bangladesh goes from a less developed country to a developing country, China will allow quota-free trade facilities," the envoy said.
He also said China will allow Bangladesh tax benefits in the Chinese market following the country's graduation from the least developed countries (LDC) list in 2026.
China is not worried about Bangladesh's foreign debt repayment, he said.
Regarding further investments, Ambassador Yao Wen said China would like to invest more in projects in the southern regions of the country now that connectivity has improved because of the Padma Bridge.
When asked what is China's position in Bangladesh's upcoming national election, the envoy said, "China will not interfere in other countries' internal affairs."
"China will not interfere with the election, the people of Bangladesh will decide who will come to power in the next election," he added.
He also said China is interested in providing training for Bangladeshi personnel involved in long-term development projects.
"They [China] are experienced in many sectors. For example in the infrastructure sector. They can help us in that," Planning Minister MA Mannan said talking to journalists.
"We have discussed setting up an electric vehicle factory in the southern region of the country," he added.
Bangladesh considers China an important neighbour, the minister further said.
"China is an important friend of Bangladesh. We value it," he added.
Bilal9
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South Korea firms invest over $18m in Bangladesh shoe manufacturing
South Korean enterprise Giant BD Footwear Ltd is investing $9.39m and South Korea leather goods supplier Dongwoo BD Ltd is investing $8.62m to create a new shoe and shoe accessories manufacturing industry within Bangladesh.By Isatou Ndure
The agreements were recently signed at BEPZA EZ Complex in Dhaka, Bangladesh. Credit: Shutterstock.
The investments by South Korea companies Giant BD Footwear and Dongwoo BD is earmarked for the establishment of a shoe and shoe accessories manufacturing industry within the Bangladesh Export Processing Zones Authority Economic Zone (BEPZA EZ).
Both manufacturing ventures are entirely foreign-owned. Giant BD Footwear’s facility is projected to produce 20 million pairs of shoes, sandals, and shoe accessories annually in BEPZA EZ and is set to generate employment opportunities for 600 Bangladeshi nationals.
Meanwhile, Dongwoo BD states it plans to create employment opportunities for 513 Bangladeshi nationals and will produce 3.6 million metres of different types of PU Synthetic Leather annually.
Giant BD Footwear’s agreement was formalised on 10 August by Ali Reza Mazid, member (investment promotion) of BEPZA, and Kim Byung Jin, chairman of Giant BD Footwear Ltd., on behalf of their respective organisations.
Major general Abul Kalam Mohammad Ziaur Rahman, the executive chairman of BEPZA was present for the signing ceremony which took place at the BEPZA complex in Dhaka.
On the same day, Dongwoo BD’s investment was made in the presence of Rahman, Mazid and Dongwoo BD’s chairman Kim Dong Kyu.
At the recent opening ceremony of sportswear manufacturer Sports Group Denmark’s liaison office in Dhaka, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Faruque Hassan suggested innovation along with responsible and sustainable business practices are the driving factors behind the growing popularity of Made in Bangladesh garments.
Bilal9
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Grameen Telco Bhaban, Shanta Forum, Simple Tree Anarkali, and EBL headquarters are great examples of office buildings that incorporated sustainable design principles
Commercial establishments, due to their very nature, have for long been a significant contributor to global greenhouse gas and carbon emissions. Then, the Covid-19 pandemic happened, and suddenly there was a shift towards remote and hybrid work models. Offices were no longer using as much energy as they used to in the past.
The head office of Eastern Bank Limited, designed by Vistaara Architects, is a perfect example of a green building. Photo: Junaid Hasan Pranto
The head office of Eastern Bank Limited, designed by Vistaara Architects, is a perfect example of a green building. Photo: Junaid Hasan Pranto
At the same time, there has been an increased emphasis on addressing climate change and growing investor interest in environmental, social, and governance (ESG) initiatives.
These factors have now paved the way for a new phase of growth in non-residential green buildings.
Green office and sustainable practices by industries are crucial in addressing environmental concerns and reducing carbon footprint. A study by University of California, Berkeley, found that LEED-certified buildings produce lower greenhouse gas emissions than their contemporaries.
While the global trend of green buildings began in London in the late 1990s, the concept took root in this country only after experiencing some significant architectural catastrophes. These unfortunate incidents served as wake-up calls to prioritise sustainability and safety in building design and construction.
Photo: Junaid Hasan Pranto
"It was after the Rana Plaza collapse that industrialists took these sustainable measures seriously due to international pressure. Slowly the practice spread to corporate offices. The mid-2010s saw an emergence of green buildings," said Rehnuma Tasnim Sheefa, a Dhaka-based practising architect.
Grameen Telco Bhaban, Shanta Forum, and Simple Tree Anarkali are great examples of buildings that incorporated sustainable design principles within their landscapes.
The main occupants of these high-end buildings are multinational corporations (MNC) and large companies and these organisations typically have specific requirements and preferences when it comes to their office spaces.
In fact, MNCs are becoming more interested in leasing or buying office spaces in buildings that come with pre-installed sustainable features. These could include energy-efficient lighting systems, green building materials, water-saving technologies, waste management systems, and other eco-friendly initiatives.
"By occupying green buildings with sustainable measures, MNCs can showcase their commitment to environmental responsibility in their sustainability reports. It adds weight to their claims of adopting eco-friendly practices on a larger to macro scale," added Sheefa.
"Our commitment to creating a green office environment benefits not only the planet but also enhances the office experience for our members. By fostering sustainability, we promote healthier and more productive workspaces, inspire collaboration, and nurture a sense of purpose and shared responsibility within our community," said Lamia Hafiz, community lead of Impact Hub Dhaka (IHD).
Natural light all the way
It is said that the human body and hormones are synced with the cycle of sunlight. The sun shines the brightest in the morning and wanes in the evening. Our hormones too function harmoniously along with it. So, we function most actively in the morning and our energy level starts dropping gradually. Hence, natural lighting plays a pivotal role in navigating employees' productivity.
BRAC International Head Office designed by Chinton Architects draws an ample amount of sunlight, which reduces the usage of artificial light, making it an ideal example of a green office.
BRAC International Head Office designed by Chinton Architects draws an ample amount of sunlight, which reduces the usage of artificial light, making it an ideal example of a green office. Photo: Junaid Hasan Pranto
"When designing an office, especially in cities like Dhaka, natural light and ventilation are something a commercial office space for rent can barely offer. It's mostly a form of luxury. But whenever we get sites with ample natural light, we keep the source to cut down the use of electricity. At times we even incorporate recycled materials or elements in the design," said Md Ishak Mia, Managing Director and Partner Architect, Chinton Architects Ltd.
Glass exteriors have become a popular architectural feature in modern skyscrapers due to their aesthetic appeal and functional benefits. The entire structure of Shanta Forum is insulated with 32mm double-glazed, low emission, heat-resistant glass, in a fully unitised curtain wall system for energy efficiency, durability, dust and waterproofing.
These glasses are free passes for sunlight while being a heat barrier. There are also photovoltaic glasses which are used in recent buildings in Dhaka, which convert the light and heat into electricity.
Make it green, literally
Incorporating plants within office premises is an effective and practical way to create a green and healthy workspace. This practice is commonly known as 'biophilic design', which emphasises the connection between humans and nature.
AMUR Architecture studio was designed keeping intact their natural ventilation systems in between greeneries.
AMUR Architecture studio was designed keeping intact their natural ventilation systems in between greeneries. Photo: Junaid Hasan Pranto
The headquarters of IHD, Eastern Bank Limited (EBL), and Grameenphone seem to have taken this assignment quite seriously. "All the balconies are filled with both indoor and outdoor plants, creating a serene breathing space for our employees," said Ziaul Karim, SEVP & Head of Communications & External Affairs, EBL.
"The usage of plants within office premises is another way to turn your office 'green', both in literal and lateral ways. The plants provide a fresh supply of oxygen, thus maintaining a healthy and soothing environment for the employees," opined Md Ishak Mia.
Energy efficiency
Using LED lighting, optimising natural lighting, reducing the use of indoor lights, and using solar panels are now common practises in office spaces. Many offices now have HVAC (Heating, Ventilation, and Air Conditioning) systems throughout the space.
Photo: Junaid Hasan Pranto
HVAC systems play a crucial role in benefiting the environment. They achieve energy efficiency by consuming less energy, leading to reduced carbon footprint. These systems also minimise emissions of pollutants and greenhouse gases by utilising advanced technologies and eco-friendly refrigerants. Moreover, HVAC systems improve indoor air quality by effectively filtering contaminants.
Shanta Forum has smart destination passenger elevators that guide the visitors' way in and ensure optimised energy efficiency and minimum wait time.
The building in which Square textile Head Office is situated, designed by TKNRK & Associated has, glass exteriors which is a popular architectural feature in modern skyscrapers due to their aesthetic appeal and functional benefits.
The building in which Square textile Head Office is situated, designed by TKNRK & Associated has, glass exteriors which is a popular architectural feature in modern skyscrapers due to their aesthetic appeal and functional benefits. Photo: Junaid Hasan Pranto
Smart waste management
The system described in Eastern Bank Limited's sustainability report demonstrates how a simple but effective in-built recycling system can be implemented to reuse water within the office. By recycling water from wash basins to flush toilets, the office reduces its reliance on freshwater sources, thereby easing the burden on the local water supply and promoting responsible water management.
Within the waste management system, particular attention is given to events held at IHD. They have commissioned Garbageman, a prominent waste recycling startup to collect waste generated during their events.
"The diligent team at Garbageman collects all waste, ensuring that it undergoes appropriate recycling processes. Through this collaboration, we strive to minimise the environmental impact of events at IHD by effectively managing our waste disposal. This system efficiently handles the waste generated at IHD, ensuring responsible disposal and recycling practices," said Bishwamitra Chowdhury, Senior Programme Manager, Impact Hub Dhaka.
Zero tolerance to plastic
The EBL HQ has a zero tolerance plastic policy. Plastic water bottles have been replaced at the office with eco-friendly alternatives and authorities actively encourage all staff to refrain from using them.
Photo: Junaid Hasan Pranto
"You can not find a single plastic bottle at EBL. We do not use disposable cutleries either. All our plastic folders have been removed," said Ziaul Karim.
IHD also prioritises purchasing eco-friendly and energy-efficient office equipment and supplies. "We choose products made from recycled or sustainable materials, and opt for suppliers that have sustainable business practices," said Lamia.
Low-cost housing planned for 4 lakh Bangabandhu Shilpa Nagar workers
All kinds of civic benefits have been ensured for workers and their family members under the housing project plan
File Photo: Mohammad Minhaj Uddin/TBS
File Photo: Mohammad Minhaj Uddin/TBS
The Bangladesh Economic Zones Authority (Beza) is taking up two housing projects in Bangabandhu Sheikh Mujib Shilpa Nagar, which project officials believe will provide accommodation to four lakh workers of the industrial enclave.
The low-cost housing project will be built on 363.55 acres of land in Saherkhali Union and Domkhali area of Korerhat Union in Mirshrai upazila.
The two projects were finalised in the Mirsharai Upazila Development Plan (master plan), prepared by the Urban Planning Directorate of Ministry of Housing and Public Works, on 30 April.
According to the directorate, the two projects are very close to the industrial areas.
From Domkhali, workers can reach their workplaces within 10-15 minutes, while it will take 25-30 minutes from Korerhat.
Ahsan Habib, project manager of Mirsharai Upazila Development Plan, told TBS that all kinds of civic benefits have been ensured for the workers and their family members living in the project area.
"Gas, electricity, water, health, educational institutions, community centres, playgrounds, markets, etc, have been brought into the construction plan," he said.
He mentioned that the number of accommodations for workers will be finalised according to the structure of the housing project.
Several industry owners have said the housing projects will cut commute time for workers significantly.
Otherwise, workers will have to travel 65km from Chattogram, which takes one and a half hours.
M Mohiuddin Chowdhury, Director of BGMEA and Chief Executive Officer of Clifton Group, said that about 12 lakh workers will work in the industrial factories in BGMEA Garments Village, Bepza Economic Zone and other factories.
"We expect Beza to take a decision on the implementation of housing projects for workers as per plan soon," he added.
Noya Dalan, a regional research institute, assisted the Urban Development Directorate with various information in preparing the master plan.
Muzahidul Islam, chairman of Noya Dalan, told TBS that if the housing project is implemented, workers will not be scattered in different areas of Mirsharai, causing environmental and demographic problems in the upazila.
Bangabandhu Shilpa Nagar
Bangabandhu Shilpa Nagar is being built on about 30,000 acres of land in Mirsharai, Sitakunda, and Feni upazilas of Chattogram. Once fully operational, the enclave will employ around 15 lakh people.
Abdullah Al Mahmoud Faruk, project director of the industrial city, told The Business Standard that the target is to ensure housing facilities for 15 lakh workers.
However, it will not be possible with two housing projects, he said, adding, "We will implement more housing projects on lands proposed by locals."
Roads, bridges, electricity, and gas facilities have already been secured in 6,000 acres of land in Bangabandhu Shilpa Nagar, according to Beza.
Five hundred acres of land have been allotted for BGMEA Garments Village, 1,500 acres for Bepza Economic Zone, 500 acres for Bashundhara Group, and another 500 for SBG Economic Zone.
Besides, Beza has also allotted land to various industrial establishments. The companies started building factories there.
Currently, four companies are manufacturing in the industrial city- Asian Paints, Macdonald Steel, Nippon, Macdonald Steel, and Samuda Construction. Around 400 workers are working in these institutions.
Mirsharai Upazila Development Plan
Based on the demand of Engineer Mosharraf Hossain, Member of Parliament from Mirsharai, the Urban Development Directorate undertook the Mirsharai Upazila Development Plan project.
The project was approved by the Planning Commission in 2017.
The Tk 5.38 crore project was supposed to be completed in June 2020. However, it was delayed due to the coronavirus pandemic
Last April 30, the master plan was published in gazette form.
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