Sector overview: Electronics
Like most other industrial sectors, the electronic sector of Bangladesh also offers a highly skilled and cheap labor force. Bangladesh can certainly contribute hugely in the 200 billion dollar worth electronics and semiconductor industry.
In Bangladesh, semiconductor-manufacturing industries can be easily established. It has a high demand locally as well as worldwide and can be turned into a high profit generating industry. Due to the rapidly growing rate of users, Bangladesh is soon going to become one of the largest cellular phone using countries of South Asia. This will also create a huge market for cellular technology. As the population of Bangladesh is growing, demand for electrical home appliances is growing with it. These factors show that Bangladesh is a perfect place to invest in electronics.
The electronic factories in Bangladesh generally produce televisions, refrigerators, radios, DVD players, CDs and DVDs, light bulb, fan, blender, air conditioner and many other such appliances. However, Bangladesh does not have any factories to produce computer parts or telecommunication equipments.
Bangladesh has been involved in the electronic industry for the last 30 years. The European and Asian electronic companies have recently collaborated with some Bangladeshi electronic industry to produce a variety of products. This is profitable for both sides as this sector of Bangladesh is expanding and the other party is getting the product at a cheaper price.
The need of telecommunication equipment is also abundant in Bangladesh. The government has taken several policies and has tried to expand the electronic industry. The main advantage of investing in this industry is the comparatively cheaper workforce and the high quality of the goods produced.
In Bangladesh, semiconductor-manufacturing industries can be easily established. It has a high demand locally as well as worldwide and can be turned into a high profit generating industry. Due to the rapidly growing rate of users, Bangladesh is soon going to become one of the largest cellular phone using countries of South Asia. This will also create a huge market for cellular technology. As the population of Bangladesh is growing, demand for electrical home appliances is growing with it. These factors show that Bangladesh is a perfect place to invest in electronics.
The electronic factories in Bangladesh generally produce televisions, refrigerators, radios, DVD players, CDs and DVDs, light bulb, fan, blender, air conditioner and many other such appliances. However, Bangladesh does not have any factories to produce computer parts or telecommunication equipments.
Bangladesh has been involved in the electronic industry for the last 30 years. The European and Asian electronic companies have recently collaborated with some Bangladeshi electronic industry to produce a variety of products. This is profitable for both sides as this sector of Bangladesh is expanding and the other party is getting the product at a cheaper price.
The need of telecommunication equipment is also abundant in Bangladesh. The government has taken several policies and has tried to expand the electronic industry. The main advantage of investing in this industry is the comparatively cheaper workforce and the high quality of the goods produced.
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