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Dhaka     Sunday   14 December 2025

Reforms in four sectors will create 35 lakh jobs 

Senior Reporter || risingbd.com

Published: 17:59, 9 April 2025   Update: 22:58, 9 April 2025
Reforms in four sectors will create 35 lakh jobs 

If the country can carry out the necessary reforms in four sectors, there is a possibility of attracting a large number of foreign investments and it is estimated that this will create about 35 lakh new jobs.

The four sectors are - eco-friendly ready-made garments, housing for the middle class, paint and dyeing industry and digital financial services. 

These things were said in the report titled ‘Country Private Sector Diagnostic’ of the World Bank Group at the Bangladesh Investment Summit 2025 on Wednesday.

These sectors, it argues, are mature and politically feasible enough to be restructured in ways that could create millions of jobs, draw both local and foreign investment, and spark a ripple effect of productivity in other interconnected sectors.

In recent days, there has been much talk about Bangladesh's investment scenario with the government taking steps to woo global investors.

The four-day summit, somewhat overshadowed by concerns surrounding the new US tariff policy, which went into effect on April 9, is meant to provide a boost in this regard.

For this, reforms are essential even while new deals and commitments are being made. With proper reforms, the WB report estimates, the construction sector alone could add over two million jobs annually by supporting new housing developments for middle-income families. 

Hasan/Mukul