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

By Elisa Muzzini,Gabriela Aparicio

Bangladesh seeks to realize middle-income prestige through 2021, the fiftieth anniversary of its independence. To speed up progress adequate to take action, Bangladesh must construct a aggressive city area that's leading edge, attached and livable. Bangladesh's city parts 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 corporations - carried out to supply a lens during which to enquire city competitiveness - exhibit that Dhaka urban is the best place for garment companies in Bangladesh. it truly is falling in the back of in accessibility and livability due to excessive congestion and critical constraints in land and housing markets, even if. And it must achieve a aggressive aspect in larger value-added services and products. 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 biggest seaport urban. Strategically positioned export processing zones are higher-productivity, higher-cost destinations which are in part protected from the inefficiencies of city parts. Medium-size and small towns are uncompetitive 'distant places', which have to foster neighborhood entrepreneurship to discover their comparative merits. Strengthening competitiveness throughout Bangladesh’s towns demands coordinated and multipronged interventions encompassing infrastructure, associations, and incentives to rework Dhaka right into a globally aggressive metropolitan quarter, leverage Chittagong City's usual comparative virtue as a port urban, advertise strategically situated export processing zones to foster competitiveness and spearhead city reforms, and create the permitting atmosphere for neighborhood monetary improvement in medium-size and small cities.

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