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Performance of Bangladesh Construction Industry in Economic Growth (Paperback)
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Performance of Bangladesh Construction Industry in Economic Growth (Paperback)
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Bangladesh is a developing country with a per capita GDP of
approximately US$500 per annum. The country's economy is mainly
based on agriculture. However, this scenario has gradually been
changing since 1990. A construction boom started in the country
after 1990 owing to the necessity for industrial buildings,
corporate offices, housing units, roads and other types of
infrastructure. Bangladesh has made major progress in recent years,
with sustained macroeconomic stability. The Government of
Bangladesh has been pursuing a policy of promoting a competitive
market-based economy through financial and industrial policy
reforms, as well as trade liberalization.Major challenges faced by
the Bangladesh construction sector in this context relate to how to
improve the local technological capacity through technology
transfer, enhance competition in the domestic market and improve
the competitiveness of domestic enterprises through efficiency
gains. In this book the key strengths, weaknesses, opportunities
and threats for Bangladesh construction industry are identified.
The business process for local and foreign firms are included with
an emphasis on methods of tendering and taxation process.
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