In January 2010, JETRO conducted a comparative survey of investment-related costs in 29 major cities and regions in Asia. The following comparison is based on that survey with some selected cities.
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Bangladesh offers a truly low competitive cost base. Wages and salaries are still lowest in the region, a strong business advantage. Yet this is an increasingly well-educated, adaptive and peaceful population with many skilled workers.
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Dhaka’s skilled labor cost base is still less than the other major cities.
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Dhaka’s management grades are 2-3 times less than in Singapore, Shanghai, Bangkok.
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Industrial estate rent in Dhaka is cost effective than Shanghai, Jakarta, Bangkok.
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Office rents are also very competitive with other international cities.
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Dhaka’s housing rent for foreigners are less expensive than Singapore, Mumbai, Karachi, Hanoi.
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Cost of diesel in Dhaka is found to be more competitively priced than most other large cities.
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Vehicles increasingly use LPG as Dhaka gasoline costs are competitive with most other cities.
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source: The 20th Survey of Investment-Related Cost Comparison in Major Cities and Regions in Asia JETRO©, April 2010.
BOI notes that the figures are not absolutes, but serve as a guide. Whilst the actual costs vary each month the general trends remain similar. No precise figures are shown with the graphs because they are only a ‘snapshot’ of costs on the day of survey.
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