Bangladesh

The market-based economy of Bangladesh is one of the fastest growing economies in the world. It is also the world’s 8th most populous country, making it one of the most densely populated countries. In the decade since 2004, Bangladesh averaged a GDP growth of 6.5%, that is largely driven by its exports of ready-made garments, remittances and domestic agricultural sector. The country has pursued export-oriented industrialisation, with its key export sectors in textiles, shipbuilding, fish and seafood, jute and leather goods. Bangladesh also has substantial reserves of natural gas and is Asia’s seventh largest gas producer.

Geographically, Bangladesh is strategically important for the economies of Northeast India, Nepal and Bhutan, as Bangladeshi seaports provide maritime access for these landlocked regions and countries. It is also a potential gateway for China for its landlocked southwest area such as Tibet, Sichuan and Yunnan.

Our ASEAN Plus Group partner firm, C.T. Karim & Partners, is a law chamber based in Dhaka, Bangladesh with primary focus on banking, company, land and securities law. Their clientele consists of leading banks, financial institutions and insurance companies, multinational and national conglomerates, asset management companies, venture capital investment companies and merchant banks.