Bangladesh’s construction market is projected to see significant growth, with expectations to rise from $30.38 billion in 2023 to $41.47 billion by 2028. This forecast was shared by Meherun N Islam, President and Group Managing Director of CEMS-Global USA and Asia Pacific, during the opening of the Build and Power Series of Exhibitions on November 14 at the International Convention City Bashundhara in Dhaka.
Meherun presented these insights at the event, which showcased key developments in construction, real estate, renewable energy, and infrastructure. The exhibition featured several important expos, including:
- The 29th Build Bangladesh International Expo 2024
- The 23rd Real Estate Expo 2024
- The 26th Power Bangladesh 2024 International Expo
- The 21st Solar Bangladesh 2024 International Expo
- The 6th Dhaka International Lighting Expo 2024
- The 6th Water Bangladesh Expo 2024
These exhibitions were open to visitors daily from 10:30 a.m. to 8:00 p.m.
In her speech, Meherun emphasized the critical role of the construction sector in Bangladesh’s economic development. She noted that these exhibitions are designed to strengthen B2B connections across various industries, positioning Bangladesh as a growing leader in global real estate, renewable energy, and infrastructure.
The event highlighted impressive growth within the real estate and construction sectors. It was revealed that the real estate industry alone is managing over 6,000 ongoing projects, with investments totaling around Tk150,000 crore.
The exhibitions have attracted more than 195 companies from 20 countries, with over 500 booths on display. Key figures at the event included SS Sarwar, Group CEO of CEMS-Global USA, and Tanveer Qamrul Islam, Executive Director of CEMS-Global.
This event underscores the potential for Bangladesh to further strengthen its position in these vital sectors, with innovation and collaboration driving sustained economic growth in the years to come.
