Karachi: 24 November 2023:

Bangladesh Deputy High Commission in Karachi arranged a program titled “Showcase Bangladesh: The Development Journey of Bangladesh” at the Chancery on 24 November 2023. Around 80 persons were present at the Showcase Bangladesh.

Welcoming the visitors at the Mission, the Deputy High Commissioner elaborated on the success stories of Bangladesh. He categorically mentioned that under the charismatic and dynamic leadership of Prime Minister Sheikh Hasina, Bangladesh has become a ‘Role Model’ of socio-economic development in the world.

Deputy High Commissioner added that Bangladesh is currently among the five fastest growing economies in the world, ranking 35^th in terms of GDP. He further added that Bangladesh has full filled all the criteria for the graduation to developing country from the LDC status and has been confirmed to be graduated from the LDC in 2026. The present per capita income of Bangladesh is USD2824.

Deputy High Commissioner further briefed on mega projects such as the Padma Bridge, Dhaka Metro Rail, Bangabandhu Sheikh Mujibur Rahman Karnaphuli River Tunnel, Elevated Expressway in Dhaka, the 3^rd Terminal at Hazrat Shahjalal International Airport, Rooppur Nuclear Power Plant, 564 Model Masjid and Islamic Cultural Centers across Bangladesh, Deep-Sea Port, Bangabandhu Satellite-1, Free Text Book distribution and so forth.

Deputy High Commissioner S. M. Mahbubul Alam mentioned that Bangladesh has been achieving impressive socio-economic progress. In Bangladesh the current primary enrollment rate is almost 100 percent, electricity coverage is 100 percent, and children vaccination is 100 percent, he added. The literacy rate is around 80 percent. Self-sufficient in food production. Bangladesh meets 97 percent of medicines produced by over 300 state-of-the-art pharmaceutical companies and exports to over 120 countries in the world. He further added that Bangladesh is 2^nd in RMG production and export. He further added that over 15 million Bangladesh nationals live in over 180 countries and Bangladesh is 8^th in Remittance receipt amounting over US$25 billion a year. Bangladesh’s foreign currency reserve reached up to US$48billion. Total annual Exports of Bangladesh is over US$55 billion. Bangladesh has been working hard for the annual export of US$100 billion by 2030.

Deputy High Commissioner mentioned that Bangladesh will a trillion dollar Economy and the 9^th largest consumer market in the world by 2041. Government of Bangladesh has been striving hard to implement “Vision-2041” to turn Bangladesh into an upper middle-income country by 2031 and Developed and Smart Bangladesh by 2041 and building a prosperous and climate-resilient delta by 2100.

The participants at the “Showcase Bangladesh: The Development Journey of Bangladesh” by the Mission was deeply impressed to listen about the outstanding development stories of Bangladesh and profoundly appreciated socio-economic development of Bangladesh.