Bangladesh’s economy is expanding beyond apparel production to sectors such as information technology as the country’s rapid economic growth stimulates investment, Prime Minister Sheikh Hasina said at Nikkei’s Future of Asia conference in Tokyo recently. Hasina has been in office since 2009 as head of the ruling Awami League party. In that period, Bangladesh has experienced high economic growth through the success of its ready-made garment sector. The economy grew 7.86 per cent in the fiscal year ended last June, making it one of the fastest growing economies in Asia. This year’s growth will reach 8.13 per cent, Hasina said.

Share