H.E. Mr. Mohammed Abdul Hye
Warm greetings from the Embassy of Bangladesh in Bangkok.
Bangladesh Embassy in Bangkok is committed to supporting bilateral trade and investment between Bangladesh and Thailand.
In the last one and half decade, Bangladesh’s economy has grown at a sustained rate of 6 per cent per annum. With a GDP of 303 billion US dollars (2019), Bangladesh is one of the largest economies in South Asia. Bangladesh now produces high-value added, technology-intensive and world class pharmaceuticals products, chinaware, furniture and, of late, ocean-going vessels along with ready-made garments. With the government’s special attention to digital development, Bangladesh in fact becoming an important source country for software production and related services.
The strategic location of the country cusped between South and Southeast Asia, coupled with the competitive, skilled and easily trainable labour force, Bangladesh is fast emerging as a favoured production and distribution hub in the region. More significantly, not only is the cost of production competitive in Bangladesh, the exports of Bangladesh also enjoy certain tariff advantage in major export markets including the EU, USA, Canada and Japan making Bangladesh an attractive destination for industrial investment.
The Thai businesses and entrepreneurs may take the advantage of the excellent investment package offered by the country for setting up either fully owned or joint venture industries/ projects in Bangladesh. Infrastructure development, food and agro processing, ICT, light engineering, power generation, oil and gas exploration sectors are some of the potential sectors for foreign investment.
We encourage the expansion of trade between our two countries and Thai investments in Bangladesh. I believe both Bangladesh and Thailand would benefit with the enhancement of economic cooperation between the two friendly countries. We look forward to enhancing the mutually beneficial bilateral relationship between Bangladesh and Thailand that started following Thailand’s recognition of Bangladesh on 5 October 1972.