• Thursday, Apr 22, 2021
  • Last Update : 04:52 am

ED: Just getting started

  • Published at 12:26 am February 13th, 2021
idea investment

These incoming investments will remain crucial to Bangladesh’s development journey

Bangladesh’s start-up scene has witnessed impressive rise in the last few years, having become significant contributors to the economy and providing opportunities for bold ideas from young individuals who wish to bring novel concepts into the forefront and, as a result, improve the lives of millions across the nation.

This is the result of policies by the government which have prioritized increasing digitization -- such as through the Digital Bangladesh vision -- and through fostering a culture which encourages investment both from foreign and local organizations looking to tap into the growing potential of our diverse workforce.

However, that is not where it ends. As highlighted in a recent seminar in Dubai, entitled “Scope of Private Equity and Venture Capital Investment in Bangladesh,” the vigour with which the Bangladeshi youth have adopted to new technologies has not only resulted in the aforementioned economic boom within the start-up scene, but has also resulted in a range of impressive and scalable new ventures with high potential for lucrative private equity investments.

These incoming investments, especially from foreign shores, will remain crucial to Bangladesh’s development journey moving forward as it reaches middle-income status and looks beyond.

In an increasingly evolving business environment, Bangladesh’s governmental policies must reflect a willingness to adapt to newer technologies and methods of doing business and providing services and lay the groundwork for these new drivers of innovation to take advantage of.

This will require much in the way of improving Bangladesh’s position in the Ease of Doing Business Index by rooting out corruption and removing unnecessary bureaucratic red tape from the business eco-system, so that more and more investors are encouraged to see Bangladesh as the place to go. 

Facebook 54
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail