Evolution of Bangladeshi Business

Bangladesh followed a socialist economy by nationalizing all industries after its independence

1971. It underwent a slow growth of producing experienced entrepreneurs, managers,

administrators and technicians from than.. After 1975, Bangladeshi leaders began to turn their

attention to developing new industrial capacity and rehabilitating its economy. In the mid-1980s,

there were encouraging signs of progress. Many new jobs - mostly for women - have been

created by the country's dynamic private ready-made garment industry, which grew at double-

digit rates through most of the 1990s. Industries which have shown very strong growth since than

include the shipbuilding industry, information technology, leather industry, steel industry,

industry etc.