Why Participate in 6th Agro Bangladesh International Expo 2023?
Bangladesh is a country heavily-reliant on agriculture to boost the economy and support the people. the agricultural sector makes up 30 percent of the total GDP and 60 percent of the total labor force. as a result, agriculture is the largest source of capital in Bangladesh.
Not only does the nation successfully grow enough crops to feed its population but it is also involved in mass export of rice, jute & tea.
With the agro-processing industry striving to generate $1 billion by 2023, there is hope to completely eliminate poverty in what was once a seemingly hopeless community. with improvements being made every day, there is a bright future for Bangladesh’s food processing industry.
Bangladesh has made remarkable development in agriculture sector in recent years. it is not doubt that the agriculture sector of Bangladesh is a major sector and investing in this sector is almost always rewarding because the country has such a long term experience in the industry.
The contribution of agriculture sector to the GDP of the nation is 14.75 percent and it still absorbs the biggest share of labour force.
Despite shrinking of cultivable lands due to the growing population, expansion of industrial sectors, and also severe impacts of climate change, Bangladesh managed to triple its rice production which is over 34 million metric ton now in a cultivable land of 8.5 million hectares only.
From 2013 to 2018, the Bangladesh food industry sky-rocketed from 150 million dollars to 372 million dollars. consequently, becoming one of the fastest-growing economies in the world.