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Facilitating investments in Bangladesh by connecting investors with our ecosystem partners
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24/05/2026

Bangladesh Export Processing Zones Authority (BEPZA) signs a land lease agreement with Taiwan-based Yeijer Shoe Parts (BD) Ltd to establish a footwear and footwear accessories manufacturing facility at the Cumilla Export Processing Zone.

The company will invest US$5.03 Mn to manufacture insoles, outsoles, midsoles, and PU shoes, with a planned annual production capacity of 3 million pairs of insoles, 1.2 million pairs of outsoles, 3.2 million pairs of midsoles, and 1 million pairs of PU shoes.

The project is expected to create employment opportunities for around 500 Bangladeshi nationals, further strengthening Bangladesh’s footwear manufacturing and export ecosystem.

🔗 Learn more in the comments!

21/05/2026

iFarmer raises US$1.5 Mn in working capital financing from Symbiotics, a Switzerland-based impact investing platform, to strengthen Bangladesh’s agricultural value chain.

The funding will support the expansion of iFarmer’s input distribution network through KriShop, improve supply chain operations, and strengthen market linkages between smallholder farmers and institutional buyers

This investment reflects growing global investor interest in Bangladesh’s agritech ecosystem and its role in building more resilient, inclusive, and efficient food systems.

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19/05/2026

Bangladesh ranks as the world’s second-largest hub for compliant ship recycling, with 17 ship recycling yards officially recognized by the International Maritime Organization (IMO) under the Hong Kong Convention.

The recognized yards, all located in Sitakunda, Chattogram, reflect the sector’s shift toward safer and more environmentally compliant operations, backed by over BDT 20 Bn in private investment for infrastructure upgrades, worker safety, and modern recycling systems.

With the sector dismantling around 150–200 vessels annually and generating up to BDT 300 Bn in turnover, the recognition enhances Bangladesh’s competitiveness in attracting higher-value vessels from global shipowners seeking compliant recycling destinations.

The milestone signals Bangladesh’s progress in sustainable industrial transformation and reinforces its growing role in the global circular economy.

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18/05/2026

The Bangladesh Start-up Investment Company (BSIC) launches its US$ 35 Mn maiden venture capital fund, 'ONKUR — Bangladesh Fund I’, to support local startups and growth-stage entrepreneurs.

Backed by 39 commercial banks, the fund aims to bring domestic institutional capital to seed, late-seed, and Series A startups, filling a key funding gap in the ecosystem and attracting global co-investment.

Structured as a professionally managed investment platform, ONKUR will focus on sectors such as fintech, healthtech, and agritech, supporting innovation, job creation, and the long-term development of Bangladesh’s digital economy.

The launch reflects growing momentum toward building a stronger domestic venture capital ecosystem and expanding institutional participation in innovation financing

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12/05/2026

Rancon Group launches Bangladesh’s first solar-powered cold storage facility in Chattogram, strengthening the adoption of renewable energy in industrial operations.

Implemented by Rancon Infrastructure and Engineering Limited, the project involved an investment of nearly BDT 13 million and features a 296 kWp DC and 250 kW AC solar system with 482 rooftop solar panels installed across nearly 28,000 square feet.

The system meets most of the facility's daytime electricity demand, reducing monthly electricity costs by around BDT 0.413 million and helping avoid approximately 210 tonnes of carbon emissions annually. The cold storage facility supports the preservation of up to 500 tonnes of fish daily.

The initiative highlights growing investment in clean energy integration within Bangladesh’s industrial and export-oriented sectors.

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10/05/2026

The Sustainable Finance Summit 2026 is going to take place on May 14, 2026, hosting 100+ policymakers, investors and ecosystem leaders.

The Summit will explore catalytic capital, blended finance, and sustainable investment pathways, showcasing innovations and market-led solutions for resilience and inclusive growth. 20+ speakers and 5+ innovation showcases driving Bangladesh’s sustainable future will be featured in the Summit.

The Summit is supported by the Embassy of Switzerland in Bangladesh, organized by LightCastle Partners in collaboration with OneTrueValue and UNCDF, and held in partnership with Startup Bangladesh Limited.

🔗 Visit the link in the comments to express your interest in joining the Summit

07/05/2026

The Bangladesh Export Processing Zones Authority (BEPZA) plans to establish new export processing zones (EPZs) in Rangpur and Sirajganj to expand industrialisation in northern Bangladesh and promote renewable energy use.

The initiative builds on BEPZA’s existing network of 8 operational EPZs and 2 economic zones, with additional zones under development in Jashore and Patuakhali. Around 450 acres of land in Rangpur have already been allocated, with the proposed zone expected to generate employment for over 100,000 people.

Currently contributing around 17.03% of national exports from just 3,550 acres of land, this expansion reflects continued efforts to decentralize industrial growth, attract investment, and strengthen Bangladesh’s export-oriented manufacturing base.

🔗 Learn more in the comments!

06/05/2026

Priyo, a global platform designed to support remote workers, freelancers, and digital professionals, partners with Stripe to enable seamless cross-border payments, strengthening access to global financial infrastructure.

This partnership aims to allow users to generate payment links and receive funds via cards, bank transfers across the US, Canada, UK, and Europe, digital wallets, and UPI, simplifying international transactions.

The collaboration supports the growing remote work economy by enhancing payment efficiency, security, and compliance, while expanding opportunities for digital professionals operating across global markets.

🔗 Learn more in the comments!

03/05/2026

Zass Technology Ltd partners with RFL Electronics Ltd, a subsidiary of PRAN-RFL Group, to begin CKD assembly of multimedia routers in Bangladesh, marking a step toward strengthening local electronics manufacturing.

Under the agreement, Zass Technology will provide technical design and specialised components, while RFL Electronics will leverage its manufacturing capabilities to assemble routers locally, reducing import dependence and improving accessibility of networking solutions.

This initiative aligns with the ‘Made in Bangladesh’ agenda, supporting domestic high-tech production, enhancing digital infrastructure, and contributing to skilled job creation in the electronics sector.

🔗 Learn more in the comments!

30/04/2026

Eskayef Pharmaceuticals Ltd partners with Danish company Novo Nordisk to begin local production of modern insulin cartridges (Penfill) in Bangladesh under a technology transfer arrangement, marking a shift from import dependence.

Under the initiative, Eskayef will manufacture insulin using Novo Nordisk’s global standards, with each batch verified in Denmark. The locally produced insulin is expected to be 18% more affordable than imported alternatives, improving access for Bangladesh’s 15 million diabetic population.

With an investment of over US$30 million, this initiative supports the development of domestic biopharmaceutical manufacturing capacity, strengthening supply reliability and advancing high-value healthcare production in Bangladesh.

🔗 Learn more in the comments!

28/04/2026

Rancon Auto Industries Ltd forms a joint venture with Japan’s Mitsubishi Corporation, with Mitsubishi acquiring a 25% equity stake to support vehicle manufacturing in Bangladesh.

The partnership aims to expand local production for both domestic and regional markets, while enabling technology transfer, workforce development, and improved distribution and after-sales networks.
The initiative builds on Rancon’s existing manufacturing operations, including locally assembled and painted models such as the Mitsubishi Xpander, which has recorded 100+ monthly unit sales.

The collaboration reflects growing investor confidence in Bangladesh’s automotive sector, supported by a population of around 200 million and low vehicle ownership rates, indicating strong long-term demand potential.

🔗 Learn more in the comments!

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