Upcoming Election: Business Leaders' Expectations and Beyond 

The upcoming 2026 parliamentary election in Bangladesh is stirring up political excitement, and the country's economy and business sectors are carefully considering their hopes and the realities surrounding it.

The upcoming 2026 parliamentary election in Bangladesh is stirring up political excitement, and the country's economy and business sectors are carefully considering their hopes and the realities surrounding it.

A stable and fair election process is crucial for any country's economic progress. Business people always hope for an environment where investments are safe, policies are consistent, and the rule of law is upheld. While Bangladesh's economic growth in recent years has been impressive, some issues like inconsistent policies and complicated bureaucracy are the barriers of investment. The upcoming election could be a big chance to fix these problems.

I have had conversations with many businessmen, from small to large investors. This survey helped me to know the desires they have regarding the upcoming election. Here are some of the key desires of the businessmen regarding the upcoming election:

Political Stability: Political parties should be careful to avoid any political unrest after the election. Strikes, blockades, and violence severely harm the economy and reduce investor confidence. A calm and stable environment helps businesses grow, while a lack of it puts both local and foreign investments at risk.

Policy Consistency and Transparency: It's important to make sure that economic policies don't change drastically even if the government does. There should be a long-term and clear plan for tax policies, import-export policies, and investment laws. Transparency will reduce corruption and make it easier to do business, encouraging business people to make long-term plans.

One-Stop Solution and Digitalization: Simply put, "one-stop solution and digitalization" means that businesses won't have to go to different offices to get permits or submit documents anymore. All tasks can be done through one website or a specific place. It's like a "digital shop" where you can meet all your business needs. It will save time, and reduce opportunities for trouble or bribery.

Infrastructure Development and Its Benefits: Mega-projects like the Padma Bridge, Metro Rail, and Matarbari Deep Sea Port are transforming the country's economy. The benefits of these projects should reach everyone, including those at the grassroots level, and businesses should be able to fully utilize them. Further improvements in the transportation system and an uninterrupted supply of electricity and gas are essential for the industrial sector. Ensuring quick gas and electricity connections in Special Economic Zones (SEZ) is also important.

Increased Investment in the Health Sector: As a health entrepreneur, I believe that increasing public and private investment in the health sector is vital. A healthy nation can be economically strong. If investment in research and access to modern medical technology are ensured, world-class healthcare can be provided within the country. Special emphasis should be placed on improving primary healthcare and expanding medical facilities in rural areas.

Good Governance and Accountability: Good governance is essential for a strong economic structure. Reducing lengthy legal processes, ensuring quick justice, and guaranteeing accountability in all areas are very important for businesses. Transparency in resolving land disputes and enforcing contracts will increase investor confidence.

Export Diversification and Market Expansion: Instead of relying solely on the garment industry, emerging sectors like agricultural processing, IT, pharmaceuticals, and light engineering should be encouraged. Exploring new export markets and effectively utilizing duty-free access opportunities are crucial.

Support for Small and Medium Enterprises (SME): Small and medium enterprises are the backbone of the country's economy. SMEs should be given priority for easy access to loans, technological support, and market connections. The contribution of this sector to job creation and poverty reduction is undeniable. This sector plays a significant role in the country's economic growth and social development. For the development of the SME sector, government policy support, training programs, and accessible financing opportunities are essential. The impact of SMEs on the rural economy is particularly significant, helping to increase local production and create entrepreneurs.

The reality is that a kind of uncertainty arises before and after elections, which slows down investment. Business people often adopt a "wait and see" approach during this time. To overcome this trend, political parties should focus on an inclusive election process where the opinions of all parties are valued. Regular dialogue with business people and incorporating their advice in economic policy making will have a positive impact.

The upcoming election is not just about a change of power; it's a guide for Bangladesh's future economic progress. We hope that the elected government will create a plan that will further strengthen the country's business sector and establish Bangladesh as a developed and prosperous nation on the global stage. All business people and entrepreneurs in the country see this election as an opportunity for a progressive and people-friendly government to ensure the country's economic prosperity.