According to BCG, Bangladesh is reaping a host of economic benefits from its large consumer base, young population, high degree of economic stability, resilience of people, advances in digital methods and rapid expansion of the private sector. The private sector will be the main driving force of the country’s future journey. Emerging champions are rising from the region and they are spreading across the world, making an impact on society.
Speaking at the event, Hans-Paul Berkner, Global President Emeritus of BCG, said, “Bangladesh is now a role model for other developing economies. The country has achieved much, especially due to the contributions of local champions. Notable contributions from the field are driving this growth.
BCG has termed Bangladesh as an emerging powerhouse with eight fundamental drivers. These are solid optimism, increased consumption, youth, a growing workforce, high economic resilience, momentum in the digital economy, government investment, a booming private sector and a thriving gig economy.