Bangladesh must invest $245 billion in logistics infrastructure by 2030 and $1 trillion by 2041 to advance to developed nation status, according to the Dhaka Chamber of Commerce and Industry (DCCI).

Speaking at a pre-budget discussion for the fiscal year 2024-25, the DCCI highlighted the potential return on investment in the logistics sector.

Key figures including the finance minister, chairman of the National Board of Revenue, lawmakers, and officials from financial institutions attended the event.

The chamber emphasized that to achieve developed nation status by 2041, Bangladesh’s economy must reach $2.5 trillion, with a per capita income of $12,650 and exports totaling $350 billion.

It stressed the need for the investment-to-GDP ratio to rise from 36 percent in 2030 to 40 percent in 2041.

DCCI urged for good governance in the financial sector and suggested measures like implementing arbitration laws and empowering asset management companies to tackle bad loans.

It called for the swift distribution of stimulus packages for small enterprises on favorable terms given the current economic situation.