Light Engineering

Light engineering is one of the most rapidly growing sectors of Bangladesh. Light Engineering Industries, the cornerstone of economic development providing platform for job creation and economic growth, play a significant role in augmenting industrial base and volume of foreign trade in Bangladesh. This sector is very much potential in terms of low capital investment, low energy cost and environment friendly production process.

Bangladesh produces various types of light engineering products comprises a wide variety of parts/ component, intermediate and final goods including industrial machinery, (spare) parts for transport equipment, bicycle and parts thereof, electrical equipment and parts thereof (such as switch, socket, light, channel, cable, fan, generator, compressor, accumulator, transformer), ferrous and non-ferrous casting products, mold and die, agricultural machinery, printing and packaging machinery, construction machinery, and a number of spare-parts for almost all categories of machinery and equipment. This sector is a labor intensive one and a large number of skilled and semi-skilled labor forces are engaged here. Around 600,000 people are employed by almost 40,000 LE companies in Bangladesh.

We have cost-competitive human resources pool and comparative advantages such as simplified importation facility of raw materials, duty free market access to a number of destinations which are influential factors for making product competitive. Government has given priority to transport and communication development. In the export policy of 2021-24, the government declared light engineering sector (auto parts and bicycle, Motor cycle, Battery etc) as highest priority sector and the government is providing financial and other facilities to expand this sector. Government is also providing 15% cash incentives on export for this sector.

Bangladesh Export of Engineering Products:

value in Million US$

Source: EPB

Leading Company:

Relevant Private and Government Institutions:

• Bangladesh Industrial Technical Assistance Center (BITAC)http://www.bitac.gov.bd
• Pilot Plant and Process Development Center (PP & PDC)http://www.pppdc.bcsir.gov.bd
• Training Institute of Engineering Industry Owners Association
• Bangladesh Engineering Industry Owners Association (BEIOA)http://www.beioa.org.bd
• Automobiles Components & Accessories Manufacturers Association (ACAMA)
• Bicycle & Parts Manufacturer & Exporters’ Association (BBPMEA)
• Electrical Merchandise manufacturer Association (BEMMA)