Bangladesh: The Path to Middle-Income Status from an Urban by Elisa Muzzini,Gabriela Aparicio

By Elisa Muzzini,Gabriela Aparicio

Bangladesh seeks to achieve middle-income prestige via 2021, the fiftieth anniversary of its independence. To speed up progress sufficient to take action, Bangladesh must construct a aggressive city area that's leading edge, hooked up and livable. Bangladesh's city components need to take proactive measures to enhance and maintain all 3 drivers of competitiveness - innovation, connectivity and livability. the result of a survey of 1,000 garment companies - carried out to supply a lens in which to enquire city competitiveness - demonstrate that Dhaka urban is the most efficient place for garment corporations in Bangladesh. it's falling in the back of in accessibility and livability as a result of excessive congestion and critical constraints in land and housing markets, notwithstanding. And it must achieve a aggressive facet in better value-added services. Peri-urban components of Dhaka are rising as aggressive production facilities, yet they be afflicted by Dhaka City’s congestion and feature much less entry to infrastructure. Chittagong urban has didn't capitalize on its comparative virtue because the country’s greatest seaport urban. Strategically situated export processing zones are higher-productivity, higher-cost destinations which are in part protected against the inefficiencies of city parts. Medium-size and small towns are uncompetitive 'distant places', which have to foster neighborhood entrepreneurship to discover their comparative benefits. Strengthening competitiveness throughout Bangladesh’s towns demands coordinated and multipronged interventions encompassing infrastructure, associations, and incentives to remodel Dhaka right into a globally aggressive metropolitan quarter, leverage Chittagong City's usual comparative virtue as a port urban, advertise strategically positioned export processing zones to foster competitiveness and spearhead city reforms, and create the permitting atmosphere for neighborhood fiscal improvement in medium-size and small cities.

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