Presentationon Bangladesh Country Report

NANDITA SARKARSenior Assistant SecretaryM/o Commerce, Government of the People’s Republic of BangladeshDate: 21-07-2009

Country Report on :National SME

Development and Business Cluster

Nandita Sarkar Senior Assistant Secretary

Ministry of Commerce Bangladesh Secretariat

Dhaka.

CONTENTS LIST

Paragraph 1: Introduction Paragraph 2: general information of the

country Paragraph 3: Historical background of the

subject of “National SME Development and Business Clusters’’

Paragraph 4: Current issues and trends Paragraph 5: Achievements

1. Introduction

Bangladesh , in case of manufacturing sector “Medium industry ” is defined as an industry or enterprise in which the value and replacement cost of durable resources other than land and factory buildings is between 15 million to 200 million taka or industry in which maximum 150 workers work while “ Small industry” refers to enterprise in which value or replacement cost of durable resources other than land and factory buildings is between 0.50million to 15 million taka or industry in which fewer than 50 workers work.

continued

in case of trading and other service sectors the definition of medium industry/ enterprise means an industry or enterprise in which the value and replacement cost of durable resources other than land and factory buildings is between 5 million to 100 million taka or industry in which maximum 50 workers work and “ Small industry” refers to enterprise in which value or replacement cost of durable resources other than land and factory buildings is between 0.50million to 5 million taka or industry in which fewer than 25 workers work

BANGLADESH : COUNTRYPROFILE

Bangladesh became independent in 1971 . Location: South Asia. Bordered by India on the

east, west and north and by the Bay of Bengal on the south and a small border strip with Myanmar on the south-east.

Area: 147,570 sq km. Mostly alluvial fertile plain.

Population: 142.4 million (2008) . Capital: Dhaka. Climate: Sub-tropical monsoon. Temperature: Average maximum 32°C and minimum

21°C. A small country with huge Human Resource. Population growth rate is 1.41

Historical background of the subject of “National SME

Development and Business Clusters’’

Cottage industries are no new phenomena in Bangladesh . terracotta, brass-made crockery, potteries, jute products, hand waved fabrics (like khaddar, Jamdani, muslin etc),attractive handicrafts to fulfill their own and local need

PRSP (Poverty Reduction Strategy Paper) highlighted SMEs as one of the flagship strategy

National taskforce on development of SME SME Foundation,

Current issues and trends

public private partnership women should be encouraged

more in this sector to increase the number of women entrepreneurs.

proposal for establishing a business cluster for light engineering and allied products .

Achievements

In 2007-08 major export items Knitwear(39.21%), Frozen foods(3.78%) Jute goods(2.87%), Chemical products(2.84%), Leather (2.02%) Raw jute(1.17%) Agro products(0.85%),tea(0.11%)etc

Thank You