The sweet scent of moolah is bringing the great and the good ( or the rich and the bad if you prefer) to New York city for a conference entitled “Updated Investment Opportunities in Bangladesh.” The Asia Society is holding a panel discussion called “Bangladesh: Untapped Opportunities.” Here is the exciting blurb:
The Word Bank calls it the Bangladesh Paradox. The Bangladesh economy has steadily accelerated in recent years, with growth reaching 7% in 2006. The country scores particularly well on socio-economic indicators. Global banks and multilateral institutions present a highly optimistic outlook: Citi, Goldman Sachs, JPMorgan and Merrill Lynch have identified Bangladesh as a key investment opportunity. This impressive growth occurs in a climate of political restructuring. A caretaker government is implementing reforms toward privatizing many state-owned enterprises. The Dhaka Stock Exchange Index is at a 10-year high, up 66 percent this year, making it Asia’s top performer after China. And the stock market is expected to double in size in 2008.
Discover why market-oriented reforms, strong socio-economic indicators and highly favorable demographics are poised to render Bangladesh one of the worldâ€™s most exciting investment opportunities.