Bangladesh

The country Bangladesh was born in 1971. The indomitable and undisputed leader, Father of the Nation Bangabandhu Sheikh Mujibur Rahman, who was born about 100 years ago in 1920, led the struggle for independence and inspired the nation with a dream of becoming a land of Golden Bengal. It has been an incredible journey since the independence, when the nation began from the scratch. Especially in the last one and half a decade, Bangladesh has turned the tide of progress and is now an example for the world. Reviewing after 50 years of independence, we utter with confidence, the nation is on the right track and the future is ours. Bangladesh we experience today is ready to take the leading and deciding steps towards the world of tomorrow.

BANGLADESH IS
MOVING FORWARD AND
WILL MOVE FORWARD

H. E. SHEIKH HASINA
Honorable Prime Minister
Government of the People’s Republic of Bangladesh

Bangladesh Business Summit

Bangladesh Business Summit 2023, scheduled for March 11 & 12, 2023, is an international trade and investment promotion event being organized by Bangladesh’s apex business body Federation of Bangladesh Chambers of Commerce and Industries (FBCCI), in partnership with the Government of Bangladesh. The summit, envisaged to become Bangladesh’s flagship business promotion bi-annual event, seeks to highlight Bangladesh’s economic and market strengths, and concrete trade and investment opportunities in Bangladesh by convening national and global businesses leaders, investors, policymakers, practitioners, policy and market analysts, academia, and innovators.

Objectives of the summit:

  1. Highlight the success story that has set the foundations for sustainable growth trajectory of Bangladesh
  2. Showcase the dynamic business /investment opportunities in Bangladesh.
  3. Showcase the improvements and business environment reforms.
  4. Gain insights of investment priorities of the global investors to improve policy.
  5. Facilitate exchange of investment success stories and good practices among investors.
  6. Seek investors’ views and suggestions to create more partnership opportunities.
  7. Secure concrete investment interest/proposals and develop a solid investment pipeline for important sectors.
  8. Facilitate effective networking, dialogue and partnership opportunities among national and international investors, policy makers and broader group of stakeholders. 

Bangladesh is THE land of opportunities

Dr. A.K. Abdul Momen, MP
Foreign Minister
Ministry of Foreign Affairs Bangladesh

Now our priority is to ensure ease of doing business, and for this sake we took initiatives to provide all necessary support under an umbrella with a view to promoting business

Tipu Munshi, MP
Minister of Commerce of Bangladesh

It is time for everybody to come and invest in Bangladesh. It’s a new Bangladesh and we all are raring to go forward

Salman F Rahman, MP
Private Industry and Investment Adviser to Prime Minister

As FBCCI is celebrating 50th anniversary this year, we look forward to set a roadmap of an incredible future

Md. Jashim Uddin
President of FBCCI

BANGLADESH ECONOMY:

WRITING A NEW CHAPTER IN THE HISTORY OF DEVELOPMENT

Bangladesh is growing rapidly over a decade and is one of the fastest-growing economies in the world. Economic and political stability are driving its journey toward the future. Currently, it’s the 41st largest economy and will be the 25th largest economy by 2035. In a very short span of about 13 years, the nation has grown from being a 50 billion dollar economy to a 470 billion dollar economy.

Bangladesh has laid out its grand vision to become an ‘Upper Middle-Income Country’ in the next decade and a ‘Developed Country’ by 2041. Bangladesh now seeks to expand its formal sector by enhancing its trade and investment level. While the established sectors such as RMG continue to fuel prosperity, several sectors boast high potential new growth drivers and are complemented by the Bangladesh government’s efforts to further strengthen their investment climates and sector competitiveness.

BANGLADESH TO BECOME
$1 TRILLION
ECONOMY BY 2040

FBCCI 50 Years

As Bangladesh advances towards greater success, FBCCI, the umbrella trade organization representing the private sector of the country, has been working dedicatedly for the past 50 years to help achieve sustainable growth in trade and investment with the business conducive environment. The country’s economy is on a trajectory towards success, especially in the last 12 years. FBCCI has been playing the vital role of bringing the national and global players together for the past one and half a decade, and it has been a successful endeavor with numerous trades and commercial achievements. FBCCI has connectivity with every corner of the country and working to strengthen relationship with several global trade organizations and multilateral platforms that enables to facilitate expansion of business. Different initiatives and projects of FBCCI has played pivotal role in Bangladesh business environment.

This year, soon after we have celebrated the Golden Jubilee of Independence and Birth Centenary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, FBCCI comes ahead to celebrate the journey of 50 years.

INTRODUCTION TO THE FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is the apex trade organization of Bangladesh playing a pivotal role in consultative and advisory capacity, safeguarding the interest of the private sector.

Year of Establishment: 1973
Established under: Trade Organization Ordinance, 1961 and Companies Act, 1913.


FBCCI’S BROAD OBJECTIVES AND FUNCTIONS:

To project, encourage and safeguard the cause of the private sector through effective participation in the process of consultation and inter-action with the Government, Ministerial Consultative Committees and other inter-ministerial bodies and agencies

To assist the Chambers of Commerce and Industry and Associations in organizing of Trade and Industry Fairs in different parts of Bangladesh

To collect and disseminate statistical and other information for advancement of trade and industry

To make efforts for the spread of commercial, technical and economic knowledge for promotion of commercial, technical, industrial and scientific education in the country

To study and undertake research for promotion and growth of trade and industry

FBCCI is involved in forging strong bilateral ties between and among different countries of the world through counterpart organizations for commercial and economic cooperation. It helps promote Foreign Direct Investment (FDI) including Joint Ventures in Bangladesh and identify appropriate partners

FBCCI maintains close relation with Overseas National Chambers of Commerce and other Trade and Industrial Associations including related economic organization

The FBCCI as the Apex Trade Organization plays the pivotal role in consultative and advisory capacity in formulation of Commercial, Industrial and Fiscal policies at the national level. It has been playing a very vital role in all forum of the Government and Economic Development organizations for mutual sharing of views on all vital issues concerning and affecting the national economy

FBCCI represents the Private Sector in different permanent committees of the Government and autonomous bodies

FBCCI also represents the Private Sector in various Committees and Task Forces on specific issues, constituted by the Government from time to time