Since the mid-1970s, Bangladesh has made significant progress towards becoming an outward looking market oriented economy. The manufacturing and telecommunications sectors have seen the most rapid growth where foreign domestic investment has been the highest. According to the World Bank, Bangladesh has seen faster progress on key social indicators such as life expectancy and gender gap in education than most countries at similar income levels. Bangladesh also has a strong human resource base, fertile agricultural land, and significant natural gas reserves. In spite of its occasional natural disasters, Bangladesh has managed efficiently to shift its focus from being an agrarian economy to becoming a truly industrial economy. Bangladesh is one of the largest garments manufacturing and exporting nations in the world with almost 5000 export oriented factories that regularly export to different parts of the world. Besides exporting garments, it has a strong market share in leather goods such as shoes, bags, accessories etc, tea, jute and jute products, frozen fish, ceramic products, medicine etc, which are exported to a number of continents. Bangladesh has proved itself to become an investor friendly destination. Foreign investment is one of the key priorities of its forward-looking development agenda and economic policies. Bangladesh offers the business traveler and tourist with an international standard accommodation, excellent cuisine, comfort and its famous hospitality.
