Unreliable power supply has been cited as the biggest obstacle to doing business in Bangladesh, according to a World Bank report. Bangladeshi businesses face a signi?cant disadvantage compared to other South Asian countries, with ?rms experiencing an average of 26 electricity outages per month, as per the World Bank’s Bangladesh Development Update report, which was released on 8 April. For the median company, the report states that these disruptions cost nearly 9% of annual sales, while delays in obtaining electricity connections remain longer than in neighboring nations, hampering growth and competitiveness.
the world bank report states frequent power disruptions have led to repeated production stoppages and signi?cant output losses across industries, affecting overall productivity and competitiveness.