WB launches survey to assess Bangladesh's business environment

08:59, May 13, 2011      

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The World Bank has launched a survey to assess the business environment for the Bangladeshi private sector and investment, the Washington-based lender said Thursday.

It said in a statement dispatched to Xinhua that the Bangladesh Enterprise Survey 2011 is planned as an integral part of the World Bank's efforts to promote growth and investment in Bangladesh.

The survey would cover around 1,250 businesses in the manufacturing and services sector, said the statement adding this will complement an ongoing World Bank business survey of 1,000 ready-made garment firms in Bangladesh, to look at how locational choice affects productivity and competitiveness of firms.

It said the World Bank conducts business environment studies globally through using a standard questionnaire adapted to the context of each country.

The questionnaire covers several topics, including innovation and technology, competition, labor issues, informality, access to finance, infrastructure, and the effects of government regulations on firms, it added.

According to the statement, the survey, which will take place between May and June 2011, will cover four regions across Bangladesh, including capital Dhaka and southeastern port city Chittagong, and firms will be selected on a random basis to guarantee representativeness of the results at the national level.

The preliminary results are expected in September 2011, it said.

Source: Xinhua
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