Bangladesh has 8 administrative divisions and a population of 161.4 million.
A South Asia country, geographically located on the border of India from the north, the Bay of Bengal in the east and west, while Myanmar surrounds it to the south.
Bangladesh has a subtropical monsoon climate with seasonal rainfall, high temperature and humidity. Average temperature between 30 to 40 degrees fahrenheit in summer and 03 to 10 degrees fahrenheit in winter.
Politics of Bangladesh takes place in a framework of a parliamentary representative democratic republic, whereby the Prime Minister of Bangladesh is the head of government, and of a multi-party system.
Bengali and English.
Islam, Hinduism, Buddhists, Christians.
Using UTC/GMT +6 hours, us eastern standard time +11 hours.
Here are 5 reasons to choose Bangladesh as a place for your expansion.
There are a total of 88 Special Economic Zones, exclusively one for Japanese companies (Araihazar Economic Zone). Furthermore, to promote the ICT industry, a total of 28 Hi-Tech Parks and Software Technology Parks are being developed.
Bangladesh has an educated, trainable and cost competitive labor force. Domestic market of 164 million population and growing by 1.01% per year, of which 57% is under the age of 25 shows that Bangladesh will enjoy a long-term demographic dividend.
5 to 10 years of Tax Holiday and reduced tax with 100% ownership is allowed. Foreign investors may enjoy 100% tax exemption from parts of ICT industry services. There are various cash incentives for export businesses that Business can enjoy.