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Developing Your Business

Commercial affairs

Fact Sheet

  • Bangladesh

   

Official name                 

The Peoples Republic of Bangladesh

Political system                 

Parliamentary Democracy

Head of state                   

President Professor Iajuddin Ahmed

Head of government    

Prime Minister Begum Khaleda Zia

Ruling coalition

The Bangladesh Nationalist Party (BNP) & 4 party alliance

Next election

By January 2007

   

Population                                

140.5 million

Area

147,570 km�

Population growth

1.5%

   

Official language               

Bangla, but English is widely used

Religious group                 

Muslim (88%), Hindu (10%), Christian, Budhists, etc (2%)

Time zone

GMT + 6 hours

Currency                                  

Bangladeshi Taka (Tk.)

Major exchange rate

$ 1: Tk.66.40 (period average for January 2005-06)

1: Tk. 80.45 (period average for January 2005-06)

Source: Economic Trends, Bangladesh Bank

   

GDP                               

$ 56.6 billion

Structure of economy (as % of GDP) Agriculture 21%, Industry 26.6%, Services 52.4%

GDP Growth Rate

6.3%

GDP per capita                 

$ 440

Inflation                        

6.18%

Exports of goods & services

$ 8.445 billion

Export Growth Rate

16%

Imports of goods & services

$ 11.638 billion

Import Growth Rate

13%

Forex reserve                   

$ 2.714 billion

Remittance

Tk. 23646.97 Crores (Source: Bangladesh Bank)

Gross National Savings

25.4% of GDP

Gross Domestic Savings

19.5% of GDP

Private Investment

17.8% of GDP

Public Investment

6.2% of GDP

   

Major cities     

Dhaka, Chittagong, Khulna, Rajshahi, Sylhet, Barisal

   

Climate                                    

Sub-tropical (heavy downpour during July-October)

   

Numbers

Large numbers are expressed in lakhs (1,00,000) and crores (100 lakhs or 10 million or 1,00,00,000)

Source: The World Bank Dhaka Office, Bangladesh Development Series, Nov. 2005 (data for 2004)

 

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  • The Netherlands

   

Official name                  

Kingdom of the Netherlands

   

Political system

Constitutional Monarchy

Head of state

HM Queen Beatrix

Head of government

Prime Minister Jan Peter Balkenende (CDA)

Ruling Coalition

Centrist Christian Democratic Appeal (CDA), Centre-right Liberals (WD) & Left-liberal Democrats 66 (D66)

Next election                 

Early 2007

   

Population                                

16.30 million 

Area                                        

41,526 km�

Population growth             

0.5%

   

Official language              

Dutch, Frisian

Religious group   

Unaffiliated (40%), Roman Catholic (31%), Protestant (21%)

Time zone                     

GMT + 1 hours

Currency                        

Euro ()

Major exchange rate        

:US $ 0.80

   

GDP                       

624.8 billion

GDP Growth 1.1%

GDP per capita    

38,264

Inflation               

1.7%

Export (fob)

341.2 billion

Import (cif)              

297.4 billion

   

Major cities                 

Amsterdam, The Hague, Rotterdam, Utrecht

   

Climate                                

Marine; cool summer & mild winters

Source: EIU, Country Forecast, April 2006

 

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  • Bilateral Trade Figures Netherlands-Bangladesh (BD) 2002 - 2005

   
 

Figures in million  

   
 

2002

2003

2004

2005

Exports to BD

76.7

43.9

68.3

45.2

Imports from BD

243.5

250.3

271.0

234.7

Trade Balance

(-166.8)

(-202.0)

(-202.7)

(189.5)

         

Exports to BD

2002

2003

2004

2005

Total

76.7

43.7

68.3

45.2

Total Agriculture

11.9

5.1

7.0

6.0

Food & live animals

11.7

5.0

6.7

5.9

Total Industry

64.8

38.8

61.3

39.2

Chemicals

15.6

14.1

10.1

10.6

Machinery

37.1

17.6

44.0

7.9

         

Imports from BD

2002

2003

2004

2005

Total

243.5

250.3

271.0

234.7

Total Agriculture

22.0

14.2

10.8

11.3

Food & live animals

22.0

14.2

10.8

11.3

Total Industry

221.5

236.1

260.2

223.4

Manufactured Products

12.0

10.9

13.1

14.9

Machinery

7.3

5.2

4.8

3.0

Various manufactured Products

201.8

219.5

241.0

202.8

         
       

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  • Useful Contact Points

         

Organisation

Contact Name/Title

Address

Phone/Fax

Bangladesh Export Processing Zones Authority (BEPZA)

Brig. General Ashraf

Abdullah Yussuf

Executive Chairman

BEPZA Complex

House 19 D, Road 6

Dhanmandi R/A

Dhaka

Tel: 865-0058/9,

967-0530
Fax: 967-0060

E-mail: chairman@bepza.org

Board of Investment (BOI)

Mahmudur Rahman

Executive Chairman

Jiban Bima Tower

10 Dilkusha C/A

Dhaka 1000

Tel: 955-9378, 956-1430
Fax: 956-2312

E-mail: bdboi@bdmail.net

Export Promotion Bureau (EPB)

Mir Shahabuddin Mohammad

Vice Chairman

TCB Bhaban (1st floor),  1-2, Karwan Bazar C/A,

Dhaka 1215

Tel: 914-4894,

914-4886
Fax: 911-9531

E-mail:epb.bd@aitlbd.net

Federation of Bangladesh Chambers of Commerce & Industry(FBCCI)

Mir Nasir Hossain.
President

Federation Bhaban

60, Motijheel C/A,

Dhaka 1000

Tel: 956-0589, 956-0102
Fax: 717-6030

E-mail:

fbcci@bol-online.com

Dutch Bangla Chamber of Commerce & Industry(DBCCI)

Alamgir M Z Rahman

President

23/Ka, New Eskaton Road, (2nd floor)

Dhaka 1000

Tel: 835-9337
Fax: 835-9562

E-mail:

dbcci@dbn-bd.net

Metropolitan Chambers of Commerce & Industry (MCCI)

Kutubuddin Ahmed

President

Chamber Building

122-124, Motijheel C/A,

Dhaka 1000

Tel: 721-7410
Fax: 956-5212

E-mail: sg@citechco.net

Dhaka Chamber of Commerce & Industry (DCCI)

M A Momen

President

DCCI Building

65-66, Motijheel C/A,

Dhaka 1000

Tel: 955-2562,

956-0732
Fax: 956-0830

E-mail: dcci@bangla.net

International Chamber of Commerce Bangladesh (ICCB)

Mahbubur Rahman

President

DCCI Building,

65-66, Motijheel C/A,

Dhaka 1000

Tel: 966-7273,

955-7478
Fax: 955-7429

E-mail: iccb@bdmail.net

Foreign Investors Chamber of Commerce & Industry(FICCI)

Mahbub Jamil

President

35/A, Purana Paltan Line,

Inner Circular Road,

Dhaka 1000

Tel: 831-9448,

936-2124
Fax: 831-9449

E-mail: ficci@bangla.net

Bangladesh Garments Manufacturer &  Exporters Association (BGMEA)

S. M. Fazlul Hoque

President

BTMC Bhaban

7-9, Kawran Bazar,

Dhaka 1215

Tel: 811-5597,

811-5751

Fax: 811-3951

E-mail: info@bgmea.com

NBR (National Board of Revenue) Mr. Mohammad Abdul Karim, Chairman Shegunbagicha, Dhaka, Tel:9332881

Ministry of Commerce

Minister Mr. Hafiz Uddin Ahmand,

Bir Bikram, MP

 

Mr. Firoz Ahmad

Commerce Secretary

Bangladesh Secretariat, Building 3, 1st Flr. Room 136, Dhaka

Telephone:7169006.

P.S. to secretary: 7162826

 

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