Total output in entire Bangladesh economic corridor region likely to increase to $286b by 2050: ADB

Reported By: ST Report Posting Time: 2023-08-23 20:56:54 Catagory: Bank
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Total output in entire Bangladesh economic corridor region likely to increase to $286b by 2050: ADB

The total combined output in the entire Bangladesh economic corridor region is expected to increase from $32 billion in 2020 to $286 billion by 2050 in the business induced scenario (BIS) due to the intervention.
Along the timeline, the total corridor region BIS output is expected to split off from the business as usual scenario output and gradually increase to become 1.4 times of the total corridor region business as usual output by 2030, and 2.6 times by 2050, said the Bangladesh Economic Corridor Development Highlights launched by the Asian Development Bank (ADB) at the Bangabandhu International Conference Center (BICC) in the capital today.