Even if we go by what you have said with unskilled labor and cheap RMG has Bangladesh come up to this far and turned it into one of top three fastest growing economy with 480 billion usd economy which is going to be confirmed this July if nothing has changed? Even if that’s true why do you think all renowned brands and companies still investing on Bangladesh but not other countries? Do you think RMG sector of 1980s and now are the same? Do you even have realization how this garments industry has employed more than 3 million unskilled woman which helped them to eliminate poverty in their family? How many countries have such example?
Plus despite having everything why both Pakistan and India lagged behind Bangladesh?
Saying all these you forgot about large domestic investment and consumption along with more than 30 million middle class that’s helping Bangladesh to grow these fast.
Bangladesh has transformed itself in a sustainable manner than since 1970s that many could not do. Now it’s heading towards one of the top 25 economy by 2035 and top 20 by 2050.
As economy is growing government is focusing on many other industries which I have mentioned above. As more infrastructures are getting built, energy production increases and some of the bottlenecks are removed along with 100 SEZ completes its construction it’s just a matter of time FDI will accelerate which is at present 3 billion usd and many are already in the pipelines.
So the bottom line is Bangladesh needs steady and sustainable development which more or less it is getting as it’s evident from year over year increase in growth rate.
I don’t know you, so it’s not important for me to know where do you work or your company name. But renowned companies look for knowledgeable and smart people to join them but unfortunately looking at your writing style and dearth of knowledge on economics you seems lack that part.
Why are you feeding the troll?
Best to ignore and it will leave.
This dude thinks that he knows more about BD economy than IMF, ADB and World Bank combined.