Situated on one of the largest and most fertile deltas in the world, at the confluence of the Ganges, Brahmaputra, and Meghna rivers, Bangladesh’s maritime culture and booming textiles industry has been shaped by the dominant presence of the Bengal Delta across its main population centers. A combination of over 8,000 hectares of flat, arable land and favorable weather conditions has stimulated rapid population growth in the country which has led to Bangladesh’s current title as the most densely populated country in the world amongst nations with over 10 million inhabitants.
The country’s 720 km coastline on the Bay of Bengal located between the markets of East Asia, Europe, and the Middle East present an opportunity for development into a key connection hub for global maritime trade. Bangladesh leverages several trade agreements with regional and global trade partners to receive favorable trade tariffs on its exports to the world’s largest markets. Its numerous Export Processing Zones offer various incentives to attract foreign investors such as tax holidays, duty-free import of machinery and raw materials, and simplified procedures for setting up and operating businesses.
Want to know more about Bangladesh’s sourcing opportunities and investment incentives? Download your copy of the Bangladesh Country Spotlight!
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