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Facts About Enterprise
Development
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Current Conditions: Enterprise DevelopmentEconomy Growing Too SlowlyThe Bangladesh economy is not expanding fast enough to significantly reduce the number of people living in poverty. From 2000 to 2004, the economy grew at an average annual rate of 5.8%. According to most economists, the economy needs to grow at least 7% to 8% a year for the country to pull itself out of poverty and create jobs for the estimated two million job seekers who enter the labor force each year. Making Great Strides in
Agriculture Making Exports Competitive In Bangladesh there are ample opportunities for new exports. Leather goods, light engineering, plastic products, electrical/electronic devices, specialty products show good potential in export markets. Bangladesh has the potential to obtain a share of the world information and communication technology market. Bangladesh meets the minimal requirements in terms of telecommunications infrastructure, labor costs, and government policies. However, more must be done to make Bangladesh competitive. Furthermore, the Government should take a long-term approach to marketing Bangladesh's capacity internationally. | ||||||||||||||||||||||