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Best Business Opportunities in Bangladesh - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Bangladesh representing a potential market in itself (and potential access to the much larger South Asian market) Bangladesh also offers considerable potential as a base for labor-intensive manufacturing. Low-cost labour is the factor most often cited by the private as well as the public sector in Bangladesh when asked to name the most attractive features of the country. In addition to its large population and low-cost labour, Bangladesh offers major reserves of natural resources, in particular natural gas.

Bangladesh is a moderate, secular and liberal democracy with immense potentials. It has earned global reputation in poverty alleviation, primary school enrollment, women empowerment, family planning, infant, under-five mortality rate and maternal mortality ratio reduction, lowering number of communicable diseases and child immunization.

Bangladesh is in the process of a transition from a predominantly agrarian economy to an industrial and service economy. The private sector is playing an increasingly active role in the economic life of the country, while the public sector concentrates more on the physical and social infrastructure. Bangladesh has great ambitions that offer great opportunities in the energy, Agriculture, transportation and environmental sectors for the best domestic as well as international enterprises.

Business Sectors and Thrust Areas in Bangladesh

Agriculture Sector

Bangladesh is well known for its progress in human development. The economy of Bangladesh is primarily dependent on agriculture. About 84% of the total population lives in rural areas and are directly or indirectly engaged in a wide range of agricultural activities. Bangladesh has the essential attributes for successful agri-based industries namely rich alluvial soil, a year-round frost-free environment, available water and an abundance of cheap labor. Increased cultivation of vegetables, spices and tropical fruits now grown in Bangladesh could supply raw materials to local agribusiness industries for both domestic and export markets.

Agriculture plays a key role in Bangladesh’s economic growth. Bangladesh’s rural economy, and specifically agriculture, have been powerful drivers of poverty reduction in Bangladesh.

There may be investment opportunities in:

  • Fresh produce production for local and export markets;
  • Production of fertilizers and seeds;
  • Eco-friendly jute production, supported by the jute technology development institute;
  • Aquaculture and Processed fish;
  • Halal foods;
  • Milk and dairy products;
  • Cold storage facilities;
  • Agricultural products for export markets, including herbs, spices, nuts, and pulses;
  • Canned juice and fruits

 

Transportation Sector

Bangladesh's transport and logistics sectors offer immense opportunities for investors, as the country is found most wanting in the area. Improvements in ports, road, rail, and air services are all essential for a country that is in the midst of historic growth.

As of we are a developing country the main development issue is on building the infrastructure to enhance the economic growth as well as achieve the economic freedom. Bangladesh ever since the independence has focused on constructing roads & highways. In last three decades transportation sector & construction of roads has been the top priority of government. Private sector, are ready to invest, in Bangladesh's transport infrastructure and trade logistics, towards Bangladesh's growth. Invest in the country. The government will provide the policy support and security.

Opportunity

  • Replacement and up gradation of old signaling and interlocking system
  • Replacement and up gradation of old signaling and interlocking system.
  • Rehabilitation of old Line.
  • Construction of Railway line from Khulna to Mongla.
  • Procurement of trains for introduction commuter Trains
  • Studies for strengthen/reconstruction of existing Bridges.
  • Construction of missing links in the rail corridor between Bangladesh India border

Transportation sector business is a profitable business. Ever since independence this sector has been dominated by private owners.

 

Power and Energy Sector

Bangladesh has experienced rapidly rising energy consumption over the past two decades. This trend will intensify further in the coming years as economic growth and development efforts accelerate—Bangladesh strives to become a middle-income country by 2021.

Electricity is the major source of power for most of the country's economic activities. Noncommercial energy sources, such as wood fuel, animal waste, and crop residues, are estimated to account for over half of the country's energy consumption. Bangladesh has small reserves of oil and coal, but very large natural gas resources. Commercial energy consumption is mostly natural gas (around 66%), followed by oil, hydropower and coal.

Planned and appropriate use of electricity is fundamental to the economic progress of Bangladesh. There is a huge demand for electricity for all sectors of the economy including agriculture, industry and service sectors. Other than household use of electricity in rural areas, the scale of demand for electricity in agricultural, SMEs and income generating activities is going up.

 

Textile Industry

From spinning to weaving, from knitwear to leisurewear and high street fashions, the textiles and clothing industry is Bangladesh’s biggest export earner. This rapidly growing sector of the Bangladeshi economy offers a unique competitive edge that supports profitable expansion into new strategic markets.

As global demand for cheap clothing rises rapidly, Bangladesh’s position as the second biggest exporter in the world continues to hold strong, which is mainly due to its large population and low labour costs. Bangladeshi manufacturers will be forced to enhance productivity levels in order to maintain their competitive advantage.

The phenomenal growth in the readymade garment (RMG) sector in the last decade created many new factories and employment opportunities. Yet, even with these challenges ahead, as global trade picks up in the coming years, demand for Bangladeshi garments is also expected to increase, thereby prompting much-needed economic growth for the developing state. Enormous investment opportunities exist in this sector. In the RMG industry demand for fabric significantly exceeds local supply and so is currently being met by imports.

The importance of the textile industry in the economy of Bangladesh is very high. The growing trend in the textile and the RMG sector means that Bangladesh is favorably positioned to appeal to foreign investors.

Sector highlights:

  • Low-cost and high-quality products that are produced on time, reliably and very competitively with a skilled work force;
  • A unique regional location for expansion into key Asian and other markets;
  • Privileged trading status with Canada, the EU and Japan;
  • Clusters of companies providing a local supplier base with depth in skilled labour, training, and technical development facilities.

There may be investment opportunities in:

  • Carding Cloth
  • Silk Reeling Unit
  • Jeans, Cotton Casuals & Shirts
  • Implantable Surgical Suture (Biomedical Textile)
  • Acrylic Blanket for Warming Human Coverage Purpose
  • Viscous Rayon
  • Readymade Garments (T-Shirt)
  • Sanitary Napkins
  • Jeans Manufacturing Unit

 

Jute Sector

Jute is a vital sector from economical, agricultural, industrial, and commercial point of view in Bangladesh. Once upon a time jute was called the ‘Golden Fibre’ of Bangladesh. It is one of the cheapest and the strongest of all natural fibers and considered as fibre of the future. Jute is second only to cotton in world's production of textile fibers. The jute trade is centered mainly on Bangladesh and the Indian State of West Bengal. The major producing country of jute is Bangladesh, due to its natural fertile soil. Being a major player in the long history of jute trade and having finest natural fiber, Bangladesh has always had an advantage in raw jute trading. Bangladesh is still the largest producer and exporter of raw jute in the world. After the emergence of Bangladesh as an independent state the contribution of the industry to the nation's GDP and in the field of employment declined (in absolute and relative terms). But Still the jute industry must be said to be playing an important role in the national economy: it provides direct employment to about 150 lakh people even after the closure of 40 per cent of its production capacity, pays over Tk 100.00 crores for insurance and similar amount as cost of internal transport of raw jute, earns about Tk 150.00 crores worth of foreign unchanged and consumes 30 lakhs of raw jute, thereby benefiting millions of jute cultivators.

There may be investment opportunities in:

  • Jute Garments
  • Coir Pith
  • Jute Twine (Jute Rope) & Gunny Bag from Raw Jute
  • Jute Yarn, Jute Sutli & Hessian Cloth Weaving Integrated Unit
  • Jute Shopping Bags
  • Jute Ropes/Sutli
  • Jute Mill (With Spinning & Weaving)
  • Activated Carbon Powder from Jute Sticks


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Wood Chips

Woodchips are small to medium sized pieces of wood formed by cutting or chipping larger pieces of wood such as trees, branches, logging residues, stumps, roots, and wood waste. Woodchips may be used as a biomass solid fuel and are raw material for producing wood pulp. They may also be used as an organic mulch in gardening, landscaping, and restoration ecology, bioreactors for Denitrification and as a substrate for mushroom cultivation. Wood chip, mainly used to produce paper and other products traditionally, has also been used to produce biofuel. The global demand for wood chip is increasing as policies promote the use of biomass for renewable energy. The USA has been a major exporter of wood chip worldwide. Meanwhile, European Union (EU) demand for wood chip is expected to increase rapidly in response to its renewable energy policy. Wood chips are typically used in fluidized-bed installations, technically also in combination i.e. Co-combustion with coal. Such facilities are present all around the world. Outside Europe, the three main destinations for international wood chip trade include: Japan, Turkey, and China.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Wood Pulp

Wood pulp is wood that has been cut up into small pieces and crushed. Wood pulp is used to make paper. Wood reduced to pulp through mechanical and chemical treatment for use in the manufacture of certain kinds of paper. Wood that has been ground to a fine pulp for use in making newsprint and other cheap forms of paper, and in the production of hardboard. Finely pulped wood that has been digested by a chemical, such as caustic soda, and sometimes bleached: used in making paper. The global wood pulp market is expected to witness a CAGR of 2.1% during the forecast period (2018 – 2023). Wood pulp is one of the most important global traded products due to its high demand in the paper production industry. The production and trade of wood pulp have become the most important industries in many countries. The pulp is a lignocellulosic fibrous material prepared by chemically or mechanically separating cellulose fibers from wood, fiber crops, or waste paper. Growing demand is breathing new life into the wood-fiber industry and spurring new wood pulp-based consumer products. The most important factor driving the wood pulp industry is the growing global demand and consumption for tissue paper. The US is the largest consumer of tissue paper in the world, on an average 25 kg of tissue is used annually per person in the country. In the US, 37% of the tissue used is in the kitchen as kitchen towel.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Garden Pipe & Delivery Pipes

Garden Pipe is widely used in for water supply in gardening, steel mills and engineering works and in irrigation projects. To ensure its flawlessness it is tested by the quality experts against various parameters. Delivery pipe is also known as the name of Delivery hose pipe. Widely used in water pump connections, concealed wiring on aircrafts, buses, railway coaches, residential and commercial buildings, traffic signal connections, house meter connection and various applications. The future of the water pipe market looks good with opportunities in the potable water pipe, wastewater pipe, and irrigation pipe applications. The global water pipe market is forecast to grow at a CAGR of 5% from 2016 to 2021. The major growth drivers for this market are increasing investment in water and replacement of aging pipelines.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Aluminium Angles, Channels, Doors & Windows

Aluminium is the strongest and most durable material, easy to clean and maintain. Aluminium Angle has rounded corners and is generally used for structural applications where strength is important. Aluminum channel material is a great choice for structural applications where strength is important. Aluminium Channel is widely used in home and garden DIY. It is ideal for frame making, sliding doors, caravan refurbishment, shed building and cable management, to name just a few. Aluminium Channel has a right angle inside and outside corners making the ideal shape. Aluminium U Channels can be used for various different uses; including general fabrications, light construction projects, decoration vehicle construction, boat building and much more. Aluminium doors are often used for commercial properties and retail facilities. Aluminium doors differentiate by their frame thickness, quality and stability as well as thermal and acoustic properties. High performance aluminium windows are able to meet or exceed energy efficiency standards. Aluminium windows and doors can easily achieve improvements in heat gain and heat loss through windows by 60% rivalling more expensive timber and uPVC equivalents. The future of the global aluminum door and window market looks promising, with opportunities in the growth of the residential and commercial construction industry. The global aluminum door and window market is estimated to reach $72.1 billion by 2021 and is forecast to grow at a CAGR of 5.1% from 2016 to 2021. The major drivers of growth for this market are increasing new construction and renovation activities. While the growth looks imminent in aluminium consumption especially through value added products, India's downstream processing industry is likely to witness a phenomenal progress in coming years. In advanced economies, aluminium is increasingly replacing wood and steel in building sector. Aluminium cans and containers are used extensively world over.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Outdoor & Indoor Entertainment Centre

An entertainment center is a piece of furniture designed to house consumer electronic appliances and components, such as televisions. A family entertainment center (or centre), often abbreviated FEC in the entertainment industry, (also known as indoor amusement park or indoor theme park) is a small amusement park marketed towards families with small children to teenagers, and often entirely indoors or associated with a larger operation such as a theme park. They usually cater to "sub-regional markets of larger metropolitan areas. FECs are sometimes called family amusement centers, play zones, family fun centers, or simply fun centers. Some non-traditional FECs, called urban entertainment centers (UECs), with more customized and branded attractions and retail outlets, are associated with major entertainment companies and may be tourist destinations. Others, sometimes operated by Non-Profit organizations as Children's Museums or Science Centers, tend to be geared toward edutainment experiences rather than simply amusement. FECs may also be adjuncts to full-scale amusement parks. Family/indoor entertainment centers are gaining more popularity from the past decade in all age groups. Indoor entertainment centers are more preferred as an entertainment and leisure option by families over the outdoor entertainment centers, as the environmental factors and climate changes do not affect any fun time or experience to the customers. Customers are choosing Family entertainment centers for spending quality time with friends, children, parents, and other family members because of the availability of entertainment options such as movies, music, gaming, and food & beverages. Rising income among families is the prime factor leading to the increase in the expenditure capabilities on entertainment and leisure activities. Families having children and young age members are spending more on entertainment activities such as bowling, and arcade games due to increasing interest of children in this kind of games. Moreover, the increasing GDP growth rates are helping individuals to improve their spending capabilities in various activities such as entertainment. Also, the constant demand for the diversified gaming and entertainment options for the customers is generating new technology implementation in the gaming such as virtual reality gaming, Augmented reality gaming, etc. These new innovations in the gaming are also responsible for driving the market demand for the family entertainment centers.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Dearomatization of Kerosene Oil

Kerosene, also spelled kerosine, also called paraffin or paraffin oil, flammable hydrocarbon liquid commonly used as a fuel. Kerosene is typically pale yellow or colourless and has a not-unpleasant characteristic odour. It is obtained from petroleum and is used for burning in kerosene lamps and domestic heaters or furnaces, as a fuel or fuel component for jet engines, and as a solvent for greases and insecticides. Kerosene and gas oil fractions are generally extracted with selective solvents to effect marked reduction in the concentration of aromatics, acidic, sulphur, organometallic and nitrogen compounds and unstable materials. The resultant raffinates meet the product specifications which are becoming more and more stringent. Aromatics concentration in kerosene is reduced to produce jet fuels and/or illuminant kerosene. The aromatic extracts obtained from kerosene, diesel/gas oil fractions are used as feeds for hydrocracking or for carbon manufacture or as plasticizers for rubber, depending on their suitability. A solvent suitable for refining kerosene, diesel and gas oils must have fairly high selectivity and capacity for aromatics. It should also have higher density than the feeds; low viscosity, melting point and specific heat; Good thermal stability and a marked difference in the boiling point from that of the feed. It is for this reason that liquid sulphur dioxide and furfural have been tried and used widely in the industry.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Soda Water in Plastic Pouches

Soda water is fizzy water used for mixing with alcoholic drinks and fruit juice. Soda water is carbonated water and is often used for mixing with alcoholic drinks and fruit juice. Soda Water is carbonated water with a small amount of sodium bicarbonate (aka Baking Soda) in it. It is used in making many cocktails. Soda water is water into which low levels of pressurized carbon dioxide has been dissolved. Soda water has long been considered a wholesome alternative to regular water. Soda water has that characteristic fizz and slightly sour flavor which is why it is preferred by those who dislike the flat taste of plain still water. And aside from it being a zero-calorie drink, soda water offers a handful of other health benefits as well. Carbonated drinks are those drinks that bubbles and fizzes with dissolved carbon dioxide gas in it. Many people find the fizzy sensation to be pleasing and are fond of the slight different taste that carbon dioxide provides. The health concerns by the consumers are leading the manufacturers to shape their corporate strategy, with diet and low-calorie varieties in the global market. The industry has moved far beyond simply offering low or reduced-sugar versions of their brands, reformulating their products to include natural rather than artificial additives. The global carbonated beverages market is expected to reach USD 412.5 billion by 2023, at a CAGR of 2.8%, during the forecast period. Carbonated beverages sector is one of the matured industries in the worldwide beverages market. In the recent past, the industry has undergone major changes regarding product innovations and offerings. To face the growing market challenges, companies are bringing new flavors keeping in mind the health and wellness concerns of consumers. In the recent times, the global carbonated beverages market has undergone a number of changes and the scenario is projected to remain same over the next few years. The increasing base of the young population, specifically in developing economies, together with the rise in the purchasing power of consumers is anticipated to boost this market significantly in the years to come. Some of the key players in the global soda production market are Jones Soda Co., Cott Corporation, The Coca-Cola Company, Trend Drinks, Faygo Beverages Inc., Asahi Soft Drinks Co. Ltd., Dr Pepper Snapple Group Inc., and PepsiCo Inc. The Coca-Cola Company holds the largest share in the market, followed by Pepsico Inc. and Dr Pepper Snapple Group Inc.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Zari Yarn

Zari (or Jari) is an even thread traditionally made of fine gold or silver used in traditional Indian, and Pakistani garments, especially as brocade in saris etc. This thread is woven into fabrics, primarily made of silk to create intricate patterns. It is believed this tradition started during the Mughal era and the Surat pot being linked to the Haj pilgrims and Indians was a major factor for introducing this craft in India. During the Vedic ages, zari was associated with the grand attired of Gods, kings and literary figures. Today, in most fabrics, zari is not made of real gold and silver, but has cotton or polyester yarn at its core, wrapped by golden/silver metallic yarn. Zari is the main material in most silk sarees and gharara. It is also used in other garments made of silk, like skirts, tops and veshtis. Zari is traditionally used to embellish saris and dress materials. It is either woven with the fabric or can be used as a patch work separately (this is referred to as zardosi work). Zari is a small sector, but it employs a large number of artisans and workers. Zari (golden thread) embroidery work used for the embellishment of fabrics has found admirers in overseas markets, as its export has risen significantly of late. Bareilly, one of the main centres of zari work, is attracting huge export opportunities, hovering around two billion Indian rupees annually. The growth of the business can also be attributed to the widespread presence of the Indian diaspora that has been on the upsurge globally.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Calcined Lime, Lime Calcination

Lime is one of the most widely used and cheapest alkalizing agents employed worldwide. Limestone is one of the most basic raw materials employed in the steel industry and is used both in iron making and steel making processes. Lime (CaO) is one of the oldest chemicals known to man and the process of lime production is one of the oldest chemical industries. Calcium oxide (CaO) is lime, which is produced through calcination of limestone including calcined limestone, ground limestone and hydrated limestone. Production of lime is a complex industrial process and delivers two product forms quicklime and hydrated lime. Lime is an important element in civil engineering and construction materials. In chemical industry, lime is used as chemical reagent in the production of various chemicals. It is extensively used in the metallurgical industry and in numerous other downstream manufacturing industries including glass, and paper and pulp among others. Increase in usage of lime in the production of precipitated calcium carbonate is expected to drive the lime market during the forecast period. According to the research report, the global lime market was valued at US$44.84 bn in 2015 and is expected to be worth US$76.48 bn by the end of 2024. During the forecast period of 2016 and 2024, the global market is expected to surge at a CAGR of 6.2%. Calcined Lime is widely used by almost every Chemical and Process Industry including Fertilizers, Food Nutrients, Chemical, Paper & Pulp, Metallurgical, Oil Refinery, etc. in one or other form. Besides this, it is also used in waste water treatment operations.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Digital Cinema Projector Equipment and Software Development

A digital projector is an electronic device that is capable of connecting to a computer or other device and projecting the video output onto a screen or wall. Digital projectors can be either fixed onto the ceiling, placed on a stand or can even be portable. Digital projectors are used in situations such as office training or presentation sessions, classroom teaching and home cinemas. Projectors are one of the fastest growing product lines in India due to the booming education market. Changing lifestyles, decrease in price and rising spending on electronics has led to an upsurge in demand for high-end products including projectors. Today Projectors have become a must have for small businesses and digital homes. Nowadays, projectors are not only a business tool but they are also an essential component of the education system as well as an option for home entertainment and gaming. The Indian projector market has seen considerable growth with the latest trends. The projector market in India is extremely fragmented with many brands operating in various categories. With the latest HD and short throw projectors, home entertainment is getting a shot in the arm. 3D projectors are also making this category more attractive for 3D gaming and entertainment. Projectors are one of the fastest growing product lines in India thanks to the booming education market. Changing lifestyles, decrease in price and growing spending on electronics has led to an upsurge in demand for high-end products including projectors. The market in India is expected to grow at around 30%. There are also various emerging segments, which are booming with demand for projectors. With the digitization of classrooms, many education institutions are incorporating virtual learning, e-learning, and video content-based learnings in their curriculum to aid their faculty in teaching with digital aids, thereby revolutionizing the whole teaching and learning process. This leads to the market growth for projectors on a global level.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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