Regus provides investment boost to Bangladesh economy
Regus opens in its 103rd country with two prime locations in Dhaka
Regus, the global flexible workplace provider, has expanded its network to an unparalleled 103 countries, adding Bangladesh to its network. To maximise the convenience and flexibility for businesses, it has entered the market with two prime locations in the capital, Dhaka.
The two business centres will help both local and foreign companies invest in this fast-developing economy, and support efforts to attract FDI to Bangladesh. They also further extend Regus’ reach in Asia Pacific.
The two business centres in Bangladesh are at: the UTC Building in Kawran Bazaar, Dhaka’s busiest commercial area, and at Crystal Palace, on Gulshan South Avenue. Both centres are gateways to an economy that is growing faster than the average in developing countries, and has ambitions to become a middle-income country by 2021. Key growth sectors include pharmaceuticals, energy, ICT/telecoms, and energy.
By opening in Bangladesh, Regus has made it more attractive for customers to assess the market opportunities there. Businesses can access the ready-to-use offices with no upfront capital expenditure or long-term financial commitment. With no need to lock into long leases, they can explore the market flexibly and affordably.
The launch of the centres is also an investment in local businesses. It connects them to Regus’ network in 102 other countries globally, which they can use to boost exports. With access to Regus meeting spaces and workspaces globally, they can do business and make new contacts around the world.
Mark Dixon, Regus PLC CEO, said: “Bangladesh has seen average GDP growth of around 6% for the past decade and this is forecast to continue. Investment in infrastructure will sustain growth prospects here, and Regus is very committed to promoting this growth.
By making it easier and more attractive for businesses to invest in Bangladesh, we’re supporting its economic development, as well as assisting businesses themselves. I look forward to watching both international and local companies use Regus’ facilities in Dhaka to achieve growth and success.”
Regus’ launch in Bangladesh further strengthens its presence in APAC, where it has rapidly grown its network in recent years, including the recent openings in Indonesia, Malaysia and China. It now operates over 300 business centres in Asia Pacific alone, as well as centres across Bangladesh’s major export markets in Europe and Canada, and beyond.
About the new centres in Dhaka
One Regus centre is on the 19th floor of the Grade A UTC Building, next door to the country’s biggest shopping mall, the Bashundhara City Shopping Complex and the five-star Pan Pacific Sonargaon Hotel. The building is home to many multinationals including companies in banking, finance, consultancy and media.
The Crystal Palace Centre is in the heart of Gulshan 1, in front of Gulshan Avenue Road. The building is home to multinationals in banking, finance, consultancy and media, with easy access to the Prime Minister’s office, international airport and Baridhara Diplomatic Zone.
Facilities at the Regus business centres include fully-furnished offices, business lounges, meeting rooms, video communication suites, high-speed WiFi, and professional reception and support staff. On-site electricity generators ensures work continues uninterrupted during power outages.
 World Bank, “Bangladesh Development Update”, 9 April 2014.
 World Bank, “Towards Accelerated, Inclusive and Sustainable Growth in Bangladesh”, 13 November 2012.
 World Bank, “Towards Accelerated, Inclusive and Sustainable Growth in Bangladesh”, 13 November 2012; Asian Development Bank, “Bangladesh: Economy”, 2014.
Regus is the global workplace provider.
Its network of more than 2,000 business centres in 103 countries provides convenient, high-quality, fully serviced spaces for people to work, whether for a few minutes or a few years. Companies like Google, Toshiba and GlaxoSmithKline choose Regus so that they can work flexibly and make their businesses more successful.
The key to flexible working is convenience and so Regus is opening wherever its 1.5million members want support – city centres, suburban districts, shopping centres and retail outlets, railway stations, motorway service stations and even community centres.
Founded in Brussels, Belgium, in 1989, Regus is based in Luxembourg and listed on the London Stock Exchange. For more information, please visit www.regus.com