Electric Sectors

[Mrittika Shil]

Electric Sector

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-Global Electrical and Electronic products are highly branded. Bangladesh is producing mostly for the domestic market.
-Bangladesh encourages private sector investment with 100% foreign ownership.
-Approx USD 9bnmarket demand while local production approx. USD 1bn
-More than 3000units are in operation, creating employment (direct and indirect) 1 million & 0.4 million
-Major Import substitution opportunity exists
-Middle-class consumers of Bangladesh consist population more than Malaysia, Singapore, Thailand