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Due to shortage in labor and wage hike in the light engineering sector world wide, Bangladesh has a huge potential in this sector. Foreign investors can take advantage of Bangladesh's low ¬cost and easily trainable labor and already established light engineering industry and its infrastructure facilities to manufacture quality products for the export market.
- Irrespective of size, 30,000 to 40,000 light engineering enterprises are spread over the country, employing more than 1,500,000 persons.
- Current light engineering industry manufactures about 10,000 types of products and earns more than US$ 1400 million annually.
- During 2005-2006 this industry has earned US$110 million through export; which is 41% higher than that of the previous year. And this industry has maintained a 77% CAGR in case of export earning for the last four years.
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