In many cities, numerous businesses would have flourished, leading to increased employment opportunities and economic growth. However, the current scenario reveals a concentration of jobs in a single city, resulting in overcrowding and pollution as individuals from other districts flock to this central location.
To illustrate, had private company headquarters and government offices been established in various cities, it would have paved the way for enhanced business prospects in sectors like hospitality and travel. Well-known brands such as Sailor, Artisan, as well as popular food chains like KFC and Pizza Hut could have expanded their operations across different districts.
Prior, it appears that the majority of startup and business competition is centered around Dhaka city, with other cities like Chattogram and Sylhet also making notable progress. However, if it were to consider launching a hotel chain similar to OYO (an Indian multinational hospitality chain) in Bangladesh. In that case, it might encounter challenges when scaling it beyond the limited market reach of Dhaka, Chattogram, Sylhet, Cox Bazar, and a few other cities. This is concerning given that the country ranks as the eighth most populous in the world, offering a potentially scalable market. The issue lies in the problem of centralization, where a significant portion of the population residing in Dhaka and Chattogram utilizes apps like Chaldal for their daily grocery shopping, while the adoption rate in other cities remains significantly lower or even non-existent. The data itself indicates this disparity. Although the number of people in Dhaka and Chattogram habitually utilizing apps and websites is on the rise, residents of numerous other cities are falling behind. Unfortunately, decentralization poses a substantial challenge to our country’s development.
Zarif Rashid Ahmed Fuad
CEO & Founder at Seuor.Inc
