Bangladesh’s investment climate and ease of doing business ranking depends on a number of factors, including corruption, bureaucratic red tape, and government support.
Investment climate
Corruption: A significant factor that has hurt Bangladesh’s investment climate
Bureaucratic red tape: A significant factor that has hurt Bangladesh’s investment climate.
Foreign direct investment (FDI): The flow of FDI has been stagnant, contributing only 0.5% to the GDP.
Promotional efforts: There is a lack of promotional efforts to encourage structural investments in domestic industries.
Ease of doing business ranking
The World Bank’s Ease of Doing Business Index has been replaced by the Business Ready (B-READY) initiative.
The B-READY 2024 report assesses the business environment across 50 economies.
Bangladesh has been working to improve its ranking, with the goal of achieving a double-digit ranking.
The government supports Pro-business policies, Improved ease-of-business rankings, and Ongoing legal reforms.
Other considerations include Bangladesh’s strategic location in Asia and The country’s rapid development of core infrastructures.
