Analysts, experts and entrepreneurs in Bangladesh have underlined the need and importance of an enabling ecosystem so that the small and medium enterprises (SMEs) get all the support required to avail better prices and grab a bigger market share.
According to reports, they made this observation while participating in a plenary session titled ‘Investing in Economic Zones: Progress and Priority Opportunities in Bangladesh’ on the third and closing day of the three-day Bangladesh Business Summit 2023 held at the Bangabandhu International Conference Centre in Dhaka.
Speaking at the event, the CEO and Managing Director of SME Foundation Mafizur Rahman reportedly stressed the need to create an environment enabling all the support for the SMEs, whether be it for the new ones or the existing even as he added there was no need to give subsidy or cash incentive to SMEs, which he believes is not a sustainable approach.
As per the SME Foundation, Bangladesh has around 78 lakh SMEs, including cottage and micro ones even as around 73 lakh people are engaged in the sector.
Bharat Tex Special Report 2026 
