Bangladesh going to be major part of global economy: Deloitte

Bangla Tribune Desk
Published : 02:00, Dec 03, 2018 | Updated : 02:00, Dec 03, 2018

Sustainable growth, young and energetic workforces and infrastructure development are helping Bangladesh to create a strong economic base which will make the country a large part of the global economy within 10 to 20 years, observed Deloitte, a global advisory firm.
In the last decade, the country achieved remarkable successes in all social development parameters, such as gender equality, infant mortality and life expectancy.
Talking to BSS, Board Member of the Deloitte Bangladesh Limited Joydeep Datta Gupta said Bangladesh is doing very well in all socio-economic parameters as the country is experiencing a sustained GDP growth rate of more than 7.5 percent, rising per capita income and improved social indicators.
“Today, a large number of our key global clients are operating their business in Bangladesh. Businesses of the Bangladeshi clients are also growing. Significant investments are taking place from the government agencies as well as the funding agencies in certain areas, including health care, education, infrastructure and financial and social inclusion,” he added.
Although Ready Made Garments (RMG) has become a prominent sector of the country, he said, other sectors are also developing. “I see, development is happing and the time has come for Bangladesh.”
As per the demand of Deloitte’s clients, Gupta said, the advisory firm has opened its office in Bangladesh.
“Our Bangladeshi clients are uplifting and Bangladesh economy is also growing. Many of our clients asked us to open office here as they need high standard services,” he added.
On Saturday, Deloitte formally launched its operations in Bangladesh to help their clients.
Gupta said the firm will provide the private and government organisations with various services, including audit, tax, legal, financial advisory, risk advisory, and consultancy.
He said they will provide services in all kinds of businesses, including pharmaceuticals, leather, power and energy, consumer goods and agro products.
He said Deloitte Bangladesh will have a base of more than 100 professionals and highly respected clients and it hopes to grow the workforce in several fields in the next few years.
Having footprint in over 150 countries across the world, Gupta said, Deloitte provides business consultancy, including acquisition and merger jobs, to the multinational firms.
At the office launching function, Deloitte Bangladesh Managing Partner Nurul Haque said “We are proud to join the Deloitte network, respected for its world-class professional service, innovation and ethics. With our deep industry expertise and commitment to quality, I am confident that Deloitte Bangladesh will deliver value to clients and grow the local talent pool.”