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Showing posts from January, 2012

The Industrial and Investment Sectors of Bangladesh

The biggest industrial and investment sector of Bangladesh is the ready made garment industry . This sector has opened up about 1.8 million new jobs for the people of Bangladesh. And the best part is, most of these 1.8 million are women. Bangladesh is reaching new heights in ship-wrecking business . It has grown so much over the last decade that the ship-wrecking sector is providing a large chunk of the steel demand around the country. The other well established business in the country are sugar, tea, leather and leather made products, newsprint papers, pharmaceuticals and fertilizers . Nevertheless, some old and very profitable industries such as jute, shrimp and ceramics are losing profit because the country is more focused on exporting ready made garments now. The industrial sectors of Bangladesh have to go through a lot of obstacles because of often called political strikes, labor strikes, unstable infrastructure and not so reliable financial system. Overcoming all of this hind