Tel:
86-27-83372627
86-27-83372628
86-27-83372629
Fax:
86-27-83372625
E-mail:
info@sinicline.net
The economic history in Bangladesh |
|
| Release time:2013-03-27 Source:admin Reads: | |
| Some people may know that Bangladesh is an important country for garment exporter, usually they need import large quantity of garment accessories such PVC labels, fabric labels… for their garment making. East Bengal - the eastern segment of Bengal - has been historically an important center of trade and commerce since at least the first millennium BCE. The Ganges Delta provided advantages of a mild, almost tropical climate, fertile soil, ample water, and an abundance of fish, wildlife, and fruit. The standard of living is believed to have been higher compared with other parts of South Asia. As early as the thirteenth century, the region was developing as an agrarian economy. The region was a junction on the south west silk route, and commercial centers emerged at several ancient and historical cities across the region. Under Mughal rule, the region flourished as the center of the worldwide muslin trade. The British, however, on their arrival in the late 18th century, chose to develop Calcutta, now the capital city of West Bengal, as their commercial and administrative center in South Asia. The development of East Bengal was thereafter limited to agriculture. The administrative infrastructure of the late eighteenth and nineteenth centuries reinforced East Bengal's function as the primary agricultural producer—chiefly of rice, tea, cotton, sugar cane and garment with PVC labels on — for processors and traders from around Asia and beyond. In Bangladesh, transportation, communication, water distribution, and energy infrastructure are rapidly developing. Bangladesh is limited in its reserves of oil, but recently there has been huge development in gas and coal mining. The service sector has expanded rapidly during last two decades and the country's industrial base remains very positive. The country's main endowments include its vast human resource base, rich agricultural land, relatively abundant water, and substantial reserves of natural gas, with the blessing of possessing the worlds only natural sea ports in Mongla and Chittagong, in addition to being the only central port linking two large burgeoning economic hub groups SAARC and ASEAN. That’s why many American and British businessmen set up their garment factories, accessory factories of PVC labels etc. in Bangladesh. |
