OPPORTUNITIES IN BANGLADESH

In January 2025, Argent LNG, a developer of a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, signed a non-binding agreement with the government of Bangladesh to supply up to 5 million metric tons of liquefied natural gas (LNG) annually. This agreement aims to ensure a reliable energy supply for Bangladesh's expanding industrial base and strengthens the strategic partnership between Bangladesh and the United States.

In September 2021, BIDA granted permission to Jenny's Group to establish Bangladesh Shoe City Ltd. in Gazipur. The park aims to supply substitute raw materials for the footwear industry, reducing dependency on imports and bolstering local manufacturing capabilities.

Through initiatives supported by USAID and facilitated by BIDA, farmers like Oliar Rahman Firoj have gained access to finance, enabling them to cultivate high-value crops such as summer tomatoes. This access has significantly boosted their profits and contributed to the agricultural development of southern Bangladesh

The Bangladesh Economic Zones Authority (BEZA), in coordination with BIDA, has initiated the establishment of economic zones on government-owned land. This strategic move aims to attract both domestic and foreign investment, fostering industrialization and economic growth in Bangladesh.