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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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Emerging Business Opportunities in Production of Milk Powder (Baby Milk for 0 to 5 year, Milk Powder for Coffee and Tea).

Powdered milk is made by eliminating the water from milk and evaporating it to dryness. Spray drying is the most common method of producing powdered milk, which is a manufactured dairy product. After raw milk has been pasteurized, it is sprayed dry. It's then cooked, evaporated, then heated again to get a concentrated milk solids combination. After that, the mixture is sprayed into a heated chamber, where it is reduced to fine particles. Milk's capacity to revert to its former state when rehydrated with water is due to this atomized process. Milk is frequently dried again after the spray drying process to ensure that any remaining moisture is eliminated before packaging. It is then shipped to a variety of destinations, including grocery stores, emergency food warehouses, and countries with limited access to fresh milk. Powdered milk is commonly used in the production of newborn formula, confectionary like chocolate and caramel candy, and baked goods recipes where liquid milk would make the result too thin. Powdered milk is also used in a variety of sweets, including the famous Indian milk balls known as gulab jamun and the iconic Indian sweet treat known as chum chum (sprinkled with desiccated coconut) (made with skim milk powder). Powdered milk is used in many no-cook nut butter recipes to keep the nut butter from turning liquid by absorbing the oil. • Milk powder contains nearly the same amount of proteins (26%) and carbs (37%) as liquid milk, however the water content is reduced to just 3%. However, depending on the commercially accessible brand, the fat percentage ranges from 25 to 28 percent. • Casein, a milk protein, is supposed to activate the entire body and aid muscle protein production. • Vitamins A and D are also added to milk powder. Vitamin A aids in the creation of bones, whereas Vitamin D aids in the improvement of vision. Both vitamins are essential for the preservation and repair of skin. • It contains calcium, which aids in the growth and preservation of teeth and bones throughout life. Breastfeeding is sometimes medically contraindicated. These are some of them: • Health of the mother: The mother is HIV-positive or suffers from active TB. She is very sick or has undergone some types of breast surgery that may have removed or severed all of the breast's milk-producing components. She is using any medicine that could harm the baby, including both prescription and illicit drugs like cytotoxic chemotherapy for cancer treatment. • Breastfeeding is not possible for the baby: Breastfeeding is difficult or impossible for the infant due to a birth abnormality or inborn metabolic error such as galactosemia. • Baby is at risk of malnutrition: Infants may be at risk of malnutrition in certain circumstances, such as iron deficiency, vitamin deficiencies (e.g., vitamin D, which may be less present in breast milk than needed at high latitudes with less sun exposure), or inadequate nutrition during the transition to solid foods. Improved diet and knowledge of moms and caregivers, as well as the availability of macro and micronutrients, can often decrease risks. • Food allergies: The mother consumes foods that may cause the infant to have an allergic reaction. • Financial constraints: Maternity leave is either underpaid, insufficient, or not available. Breastfeeding is hampered by the mother's job. Breastfeeding mothers may see a decrease in their earning ability. From 2018 to 2025, the global milk powder market is expected to increase at a CAGR of 4.4 percent, from $27,783.3 million in 2017 to $38,086.1 million in 2025. Milk powder is a dry dairy product made by evaporating milk to dehydrate it. Making milk powder has the goal of extending the shelf life of milk without the need of a refrigerator. Whole milk powder, skimmed milk powder, dairy whitener, and various varieties of milk powder are available. It is commonly consumed around the world due to its nutritional benefits, and it has been used in infant formulae, confectionaries, baked pastries, and savoury dishes. The global milk powder market is driven by factors such as an increase in the usage of milk powder in infant foods and the availability of many nutrients such as vitamin C, vitamin B12, thiamin, and high levels of protein. Furthermore, the milk powder business is growing due to lower storage and transportation costs. The inclusion of preservatives, adulteration, and tight infant food rules, on the other hand, limit the expansion of the milk powder business. The development of flavoured milk powder has opened up new commercial potential. Dehydrating milk by roller drying and spray drying produces milk powder. Milk powder is made from several types of milk, which defines the composition of the powder. Whole milk powder, skimmed milk powder, dairy whitener, buttermilk powder, fat-filled milk powder, and others make up the milk powder market, according to the research. Many consumers believe that whole milk is the most natural kind of milk, but it is less popular among individuals who are concerned about their weight or who are on a particular diet. Key Players: 1. D S P I Milk Foods Ltd. 2. Haryana Milk Foods Ltd. 3. Herman Milkfoods Ltd. 4. K K Milk Fresh India Ltd. 5. Kamdhenu Foods Ltd. 6. Kwality Ltd. 7. Markandeshwar Foods & Allied Products Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Ethanol from Grains

Ethanol Ethanol is a form of alcohol that can be used to power a variety of vehicles, including automobiles, trucks, buses, boats, and motorbikes. Some forms of equipment, such as farm equipment and tiny generators, can also be powered by it. Ethanol is usually generated from sugarcane or maize grain, although it can also be made from grasses or even some types of wood. Production of Ethanol from Grain Ethanol derived from grain production converts agricultural waste items into fuel. This fuel can be used in gasoline or diesel-powered cars, trucks, and other means of transportation. It also burns cleaner than fossil fuels, making it both more environmentally friendly and less expensive to generate than other ethanol sources now accessible. Dry milling, wet milling, and solvent refining are the three ways for producing ethanol from grain. Cleaning the agricultural waste products to eliminate any chemicals or undesired material is the first step in all three of these procedures. Ethanol is one of three types of alcohol that can be produced from grain (the other two are methanol and butanol). Any type of grain, including corn, barley, wheat, and even grasses, can be used to generate ethanol. Ethanol is a renewable energy source since it can be generated from organic materials found in plants. It is made by drying grains and then putting them into a fermenter to be turned into sugar by yeast. Market Size From 2021 to 2030, the global ethanol market is predicted to increase at a CAGR of 5.2 percent, from USD 93.7 billion in 2020 to USD 155.6 billion in 2030. With a market share of 67.3 percent, the grain-based category dominated the global market. The segment's expansion has been aided by the widespread availability of corn and maize, as well as the development of efficient technologies around the world. Dry milling is the most common method for producing grain-based ethanol, and one bushel of maize can provide 2.86 gallons of denatured ethanol.
Plant capacity: 10KL/DayPlant & machinery: 1500 Lakhs
Working capital: N/AT.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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