Bangladesh has been appraised much by the global community for its bold and progressive growth in development and infrastructure. The country has performed much better than even more developed nations in certain rankings such as the world happiness ranking. With high growth in economy, analysts believe that the trend will continue.
So what has been the explanation behind this development? Bangladesh’s development can be ascribed to 2 main drivers: the expansion of textile industry and the growth of non-governmental organizations. Bangladesh’s export earnings, in 2016 alone, have been over $3billion. Out of this, more than 75% can be attributed to the apparel industry.
When we are discussing Bangladesh and its textile industry, the name that started things out is BEXIMCO; one of the top Bangladeshi companies that has contributed much to the growth of the country through its diverse business advents. Established by brothers – Salman F Rahman and Sohail F Rahman in 1970’s, the organization has extended immensely and has impressions in different enterprises.
BEXIMCO has been an enormous impetus to the development of Bangladesh’s economy; to such an extent that its name is synonymous to the nation’s development and growth.
On the other side, the social improvement side of Bangladesh can be credited to the activities and much contribution by NGO bodies. With the help of foreign funding, the NGO exercises have been enormously extended. With including medical services, education and training, and women empowerment programs, the country and its residents have benefited much from the efforts of the NGOs.
Bangladesh’s recent development measures and advancement has pushed country’s name in the list of top emerging economies that are attracting investments from both within and outside the country.
asf rahman 