JCI Smart Bangladesh Summit 2023 invited policymakers, leaders, and experts from various national and international sectors to discuss the steps needed to push the vision of Smart Bangladesh further.
The market for glass used in construction has increased steadily in Bangladesh over the past 15 years thanks to expansion in the real-estate sector resulting from rapid urbanisation, according to industry insiders.
Both realtors and buyers have fallen into an uncomfortable situation due to the sudden increase in raw material prices amid the ongoing war in Ukraine, strain on foreign currency reserves, and rising inflation in the country.
Real estate companies in Bangladesh are cautiously taking up new projects as the war in Ukraine, the strain on foreign currency reserves, the dollar shortage, runaway inflation and higher construction costs have cemented worries that sales of flats might slow in the coming months.