This is a break-through stage in the economy of the Bangladesh with a transition
period from agriculture to industry. It doesn’t mean that the importance of
agriculture has been decreased. Economic break-through and the economic
transition from agriculture to industry means that the recent economic stage
deserves to emphasize on physical and non-physical infrastructure and industrial
development. It is worthwhile to mention that over-populated economy of
Bangladesh may be better utilized by investing in a plenty of labor intensive
industry. China is the most populated and a country of labor intensive
neighboring to Bangladesh. China has recently been placed in the second
position of world economy by overstriping Japan. China would be in a
competitive position with U.S.A in a decade from now. The engine of economic
growth in China is the labor intensive industry operated by educated and skilled
manpower. Very recently, minimum wage of Chinese labor has increased to a
substantial level. So the soil of China is not very attractive any more to quite a
few domestic and international investor and multinational company in China.[gview file=”http://www.azizurrahman.net/new/wp-content/uploads/2016/09/Investment-friendly-budget.pdf”]