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6 November, 2019 00:00 00 AM
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DIVERSIFYING EXPORT BASKET

USAID identifies 6 promising industries beyond RMG

BSS, Dhaka

A USAID study here identified six promising industries beyond the ready-made garments (RMG) to help Bangladesh diversify its export basket to stimulate new streams of economic growth.

The study named Comprehensive Private Sector Assessment (PSA) identified agribusiness (food processing), health care, information and communications technology and outsourcing, light engineering, pharmaceuticals, and tourism as most promising industries beyond the RMG for private sector engagement and investment.

This was revealed yesterday as USAID launched the report at American Chamber of Commerce in Bangladesh (AmCham) in presence of visiting USAID Deputy Administrator Bonnie Glick and US Deputy Chief of Mission here JoAnne Wagner, a US Embassy press release said.

The US government through the USAID (US Agency for International Development) conducted the study in a show of bilateral support towards strengthening Bangladesh’s economy through diversification, said the release.

The study examined 16 emerging sectors in total that also includes ceramics, entrepreneurship, leather and leather goods, medical equipment, plastic, renewable energy and energy efficiency, shipbuilding, shrimp and fish, telecommunications and vehicle assembly.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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