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Country business brief

Doing business in Bangladesh
from Singapore.

Project-company power investment and edible-oil partnerships illustrate two different entry models.

Research checked 1 November 2026. Each observation keeps its own date.

A practical answer

Where is the business connection?

Infrastructure sponsors, agribusiness groups and regional headquarters evaluating Bangladesh partners and project companies.

Use the documented activity below to choose a research direction. The companies named are examples from public sources, not Mingdao clients, endorsements or a complete investor register.

Sirajganj Unit 4 contractual capacity

414 MW

2019 commercial-operation release; not current output

View original source

This measure retains the source’s currency, period and scope. It is not a country FDI ranking, market share or return forecast.

Section reference

Documented activity

Who is doing what?

Historical commercial-operation milestone

Sembcorp Sirajganj Unit 4

Sembcorp’s May 2019 release records commercial operation of a 414 MW contractual-capacity power project, with approximately US$412 million project cost and a then 71%/29% joint venture. These are dated project terms, not current country-level FDI.

Historical corporate milestone

Wilmar edible-oil joint venture

Wilmar’s corporate history records a Bangladesh joint venture with Adani for edible-oil refining and consumer packs. The historical entry establishes an agribusiness connection; current shareholding needs a separate filing check.

Official annual snapshot / FY 2024–25

Import payments from Singapore

Bangladesh Bank's reported goods import payments, with the report's coverage adjustments. A dated starting point for supplier and market-entry research; this is not live trade data or foreign direct investment.

US$2,911.7 million

FY 2024–25 · compared with US$2,533.1 million in FY 2023–24

Read the Bangladesh Bank country table / save PDF (opens in a new tab)
Source, scope and how to use these figures

Source: Bangladesh Bank, Annual Import Payments of Goods and Services 2024–25, Table 3.6, printed pages 1205–1207. These reported payments can differ from customs-recorded merchandise trade because of timing, valuation and coverage.

Important report notes: EPZ banking payments are assigned to individual countries from FY 2021–22; specified unclassified FDI-related goods are included by country; government-project and Rooppur project imports enter the country series from FY 2024–25. Coverage changes can affect comparisons, so no like-for-like growth claim is calculated here.

The comparison covers selected markets with guides, not every supplier country. Bars compare displayed values, not shares of Bangladesh's imports. Figures are not sales forecasts or investment returns; company metrics elsewhere can use different periods and measures.

Source checked 3 November 2026. Figures are a dated annual snapshot, not a live feed or a claim of the latest available observation. The PDF is a large official report; download on a suitable connection if needed.

Original Bangladesh Bank PDF (opens in a new tab)

SHA-256: 656078a3c976d07e2b8a3e49391d558b28c07da704f7b5ccb1473c42765c8027

Explore product-level import research · Discuss a market assessment

Section reference

Mingdao analysis / models to test

Turn the connection into a business model.

  1. Structure infrastructure services around an identified customer contract and project company.
  2. Assess edible-oil, processing and packaging partnerships around input and retail channels.
  3. Use a regional holding company only with a clearly documented local operating and governance plan.

Choose the customer, local activity, investing or contracting entity and responsible partner first. A brand relationship can involve licensing or distribution without foreign equity; a proposed project can remain unbuilt.

Follow the relevant industry.

Links follow the documented company activities in this brief. They do not claim exclusive opportunities for one nationality.

Section reference

What should you validate next?

  • Identify ultimate ownership and the immediate Singapore investing entity separately.
  • Refresh historical project shareholdings before a transaction.
  • Test fuel/input supply, customer payment and foreign-exchange exposure.
  • Do not apply one project’s PPA, financing or incentives to another proposal.

Build an evidence file before deciding.

Prepare customer interviews or orders, product specifications, partner ownership records, the intended local activity, a cost model and the questions still unresolved. Record who will verify each assumption and when.

Open the preparation checklist

Read the original evidence.

Government and company disclosures are linked below. Company statements are attributed to their issuer; historical milestones are not presented as current output. Published research does not replace project due diligence.

Your project / next decision

Define the research you need.

Share your product, customers, proposed local activities and what you need to establish before moving forward.

Foreign ownership in Bangladesh

Build a business you can fully own.

100% foreign ownership
Available in eligible sectors

100% foreign ownership is permitted in most sectors in Bangladesh. An eligible business can establish a wholly foreign-owned company without a local equity partner.

Eligibility depends on the business activity. Reserved or restricted activities, sector-specific ownership rules, licences and regulatory approvals must be checked before incorporation or investment.

Do I need a local shareholder?

For an activity eligible for wholly foreign-owned incorporation, a local equity partner is not generally required. The proposed activities and applicable sector rules must be reviewed first. Ownership eligibility does not replace company registration, operating licences or other required approvals.

Source: BIDA investment FAQ (opens in a new tab) · Checked 2 November 2026

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