FIRST, WE ARE BEST PRACTICE IN GREEN BUSINESS CONCEPT.
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NEXUS OF INNOVATION:
United Saud Group is a recognized leader in research and development (R&D). Today’s Bangladesh has innovators are safeguarded by a robust intellectual property protection framework, while the innovators of tomorrow are nurtured at leading universities and incubators across the nation. Companies of all sizes help make innovation in Bangladesh and New sector of Bangladesh is a global enterprise, benefiting from – and contributing to – a flourishing ecosystem for invention and inspiration.
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NEW BUSINESS MARKET:
Bangladesh offers an unparalleled investment climate compared to the other South Asian economies. Eight key pointers are given below. Bangladesh is a largely homogeneous society with no major internal or external tensions and a population with great resilience in the face of adversity (e.g. natural calamities).
Bangladesh maintains a liberal democracy. The population of this country irrespective of race or religion have been living in harmony and understanding for thousands of years.
Broad non-partisan political support for market-oriented reforms and the most investor-friendly regulatory regime in South Asia.
Trainable, enthusiastic, hardworking and low-cost (even by regional standards) labor force suitable for any labor-intensive industry.
The geographic location of the country is ideal for global trade, with very convenient access to international sea and air routes.
Bangladesh is endowed with an abundant supply of natural gas, water, and its soil is very fertile.
Although Bengali (Bangla) is the official language, English is generally used as a second language. The majority of the educated population can read, write and speak in English.
As a result of the low per capita GDP, the present domestic consumption is not significant. However, it should always be considered that there exists a middle class with over 10% of the population. As economic growth picks up, the purchasing power will also grow substantially.
Bangladeshi products enjoy duty-free and quota-free access to almost all the developed countries. This access to the global market is further helped by the fact that the policy regime of Bangladesh for foreign direct investment is by far the best in South Asia. Most Bangladeshi products enjoy complete duty and quota-free access to the EU, Canada, Australia, and Norway. Though in a limited scale, Bangladesh products already found their access with lower duty in the markets of Thailand, India, and Pakistan. However, talks are underway with China, Russia, Malaysia, and other neighboring countries in this regard.
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BANGLADESH NOW EASE OF DOING BUSINESS:
Bangladesh is consistently ranked among the best internationally for its overall competitiveness and ease of doing business. Backed by a regulatory environment that is particularly conducive to starting and operating a business, Bangladesh business culture encourages free enterprise and competition. As a stable democracy with a transparent and predictable legal system, all companies – regardless of national origin – compete on an even playing field. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies. A high Ease of Doing Business ranking indicates a more favorable regulatory environment for starting and operating the business in that particular country. Doing Business captures several important dimensions of the regulatory environment as it applies to business enterprises, providing quantitative indicators on regulation for the following: Starting a business, dealing with construction permits, getting electricity, Registering property, Getting credit, Protecting minority investors, Paying taxes, Trading across borders, Enforcing contracts, Resolving insolvency.
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INCENTIVE BUSINESS:
Active pharmaceuticals ingredient industry and radiopharmaceuticals industry,
Automobile manufacturing industry,
Barrier contraceptive and rubber latex,
Basic chemicals or dyes and chemicals,
Basic ingredients of the electronic industry,
(e.g. resistance, capacitor, transistor, integrator circuit)
Bi-cycle manufacturing industry,
Bio-fertilizer,
Biotechnology,
Boilers,
Compressors,
Computer hardware,
Energy-efficient appliances,
Insecticide or pesticide,
Petro-chemicals,
Pharmaceuticals,
Processing of locally produced fruits and vegetables;
Radio-active (diffusion) application industry (e.g. developing quality or decaying polymer or preservation of food or disinfecting medicinal equipment),
Textile machinery,
Tissue grafting,
Tire manufacturing industry,
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POTENTIAL SECTORS:
Agri-Business Sector
Garments & Textiles
ICT Sector
Leather And Leather Goods
Electric Sector
Plastic Sector
Light Engineering
Ship Building Sector
Tourism Industry
Frozen Food
Renewable Energy
Ceramic Sector
Power Sector
Medical Equipment Sector
Health Care Sector
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More Info About Bangladesh Investment Go There: http://bida.gov.bd/