With its economy expected to grow by 7% annually to 2033, Bangladesh is "a thriving investment hub" with “burgeoning growth", "a mobile economy on the verge of moving up the economic ladder," according to a comprehensive 2019 report by PWC. The global professional services company noted surging investment in infrastructure, a stable political situation, and pro-business policies as upsides for investors.
The construction and real estate sector globally is strongly influence by economic growth and confidence, so it is little surprise that it is booming in Bangladesh. The market was worth $76bn in 2020, and is forecast to grow by 7% annually in 2022-25, according to intelligence provider GlobalData. The government's Eighth Five Year Plan (2020-25) is an important catalyst; it prioritising increasing both private and public sector investment with aims including reducing employment and achieving sustainable urbanisation.
Founded in 1973 in the aftermath of the Liberation War, Concord has long been a pioneer in the real estate and construction sector, bringing numerous innovations to the Bangladeshi market, and taking on some of the country's most prestigious and complex projects. A trusted name, highly-regarded for its ethical approach and high-quality products, Concord has become an ideal partner for newcomers to the market.
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