Socio Economic Development
In order to propel the country forward, emphasis needs to be given to infrastructural development. Bangladesh is a rapidly growing economy and its investment in the development of its infrastructures has been in the forefront of Govt. policies and plans. Agriculture has traditionally been the backbone of the country’s economy, and though there has been a gradual shift from this to other sectors it still employs approx. 40% of the country’s workforce and contributes 16% of the country’s Gross Domestic Product (GDP); this is followed by the Services sector (56%), and the Industrial sector(28%). All this requires a strong network of logistics and infrastructures.
But focus needs to be not just on “hard” physical infrastructures but also on “soft” infrastructures such as education, health, law enforcement, emergency services, etc. Both the private and the public sectors have their own roles to play, both individually and collectively, to improve what is existing so that the country can benefit from it.
And while the Govt. finances with the help of foreign donors much of the “hard” infrastructures such as highways and bridges, it is the private sector which invests in many of the “soft” sector areas. In addition to this, the concept of “Private Public Partnership or PPP is fast gaining momentum to the extent that there is a separate Authority under the Prime Minister’s Office to promote this partnership.
In order to achieve true development of any society, an adequate balance between physical infrastructures and social/soft infrastructures is the name of the game!
Bangladesh offers the challenge for change—-we are here to help you take it!
“Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation” (SDG-9)
Sustainable Development Goal (SDG)–9, emphasizes the urgent need for developing physical infrastructures in order to improve and upgrade connectivity between different areas of the country, to better develop the economy as well as assist in poverty alleviation. Work on physical infrastructures has been enshrined in the Seventh Five Year Plan (FYP). Bangladesh will need more than five percent of GDP as additional investment in major infrastructure projects per year to sustain growth at a higher level. Currently, work is going on in eight mega infrastructure projects—the Rampal power plant, the metro rail, Padma bridge, and rail link, Chattogram-Cox’s Bazar Railway, Matarbari coal power plant, the power grid network, and expansion of the power system network
infinigent consulting Ltd. is a private limited company, providing advice and expertise to its clients, since 2015. The collective expertise of the infinigent Team is multi-disciplinary and we have worked in different physical infrastructural projects/sectors of the economy, such as:
- Power Sector
Societal development has been highlighted under different SDGs, as these fall under different headings, such as Health, Gender equality, Quality education, etc. Since independence in 1971, Bangladesh has witnessed concerted effort from both the private and the public sectors in developing and improving the lot of the common person in line with the stated objective of the SDGs.
According to the UN Committee for Development Policy, Bangladesh has fulfilled the eligibility requirements to graduate from the least developed country (LDC) and could receive official developing country status by 2024 as the country has met all three criteria for getting out of the LDC bloc i.e. gross national income (GNI) per capita, human assets index (HAI) and economic vulnerability index (EVI).
infinigent consulting Ltd. has a team consisting of members who can help you in different fields of social development, such as:
- Health sector
- SME Loans
- Research in different sector
- Primary and Secondary data collection
- Mid-term and end of project evaluation
- Monitor of project implementation plan
How can we help you?
- Proposal development
- Liaising and negotiating with donors or funding agencies
- Hiring of Resource persons
- Actual carrying out of work
- Developing questionnaires
- Designing surveys
- Capacity Building/Training
- Project Monitoring and Evaluation
- Developing PMIS
So how do we approach our work?
Our Working Strategy
- Peer education
TRY US ——- YOU WILL WIN!