Economy of Brahmanbaria

Economy of Brahmanbaria

The Location of Brahmanbaria District on the Map Of Bangladesh.
Currency ৳ Bangladeshi Taka
৳76 BDT = $1 USD
Statistics
GDP

$5.2 Billion (Nominal)

$9.6 Billion (PPP)
GDP per capita
 $5,014 (PPP)
Population below poverty line
 13.5%[1]
Labour force
 1,800,000
Labour force by occupation
 Industrial, Agricultural and Service.
Unemployment 3.8%(2010)
Main industries
 Gas, Clothing, Agriculture, Iron, Electricity, Fishing
Public finances
Revenues $2.4 Billion
Expenses $4.3 Billion

The economy of Brahmanbaria District is one of the largest in People's Republic of Bangladesh. Brahmanbaria provides agricultural, industrial, and service jobs. Brahmanbaria has equivalent GDP with countries like Guyana and Bhutan.

History

Brahmanbaria city neighborhood

Brahmanbaria (Sarail) was the birthplace of Isa Khan. A pot of 200 years old coin was founded in District's Akhaura Upazila. There were nearly 500 coins at the Temple of Durga in Mogra Union. The coins contain image of British Queen Elizabeth-I were from 1804, 1814 and 1836. Police said coins was handed over to archaeology department.[2]

Power and gas

Power plant

Brahmanbaria's Titas gas is important to Bangladesh. Currently the government is drilling new wells.[3] In some other parts of Brahmanbaria gas was founded. It turned down the price of gas.[4] Many parts of the country people are using gas in many illegal ways. Now the government is trying to solve that issue.[5] The total recoverable gas reserve is 4,740 billion cubic feet. Out of total sixteen gas wells drilled so far in this field 7 are vertical wells and the other 9 are deviated wells. Currently 475 million cubic feet of gas is produced daily from Titas Gas Field. Saldanodi Gas field is other gas field in Brahmanbaria. It also plays an important contribution in national economy of Bangladesh. Meghna Gas Field also located in Brahmanbaria.

Connectivity

Ashuganj Port, on Meghna River will be largest port by 2030.

Rail

Largest railway junction in Bangladesh.

The railway communication of the district is quite extensive in Bangladesh standard. Most of the important trains between Dhaka-Chittagong and Dhaka-Sylhet stop at Brahmanbaria rail station. There are about ten railway stations in the district. The country of India decided to use this district to connect power. The government shipped machines of the Palatana project from Kolkata to Agartala by using the Ashuganj river port on Meghna in Brahmanbaria district.[6] To connect with India, government of both Bangladesh and India is building 15 km railway from Akhaura to Agartala.[7]

Those are the railway stations located in Brahmanbaria District:

Meghna Bridge of Tongi–Bhairab–Akhaura line.

Criticism

In 2015 the District of Brahmanbaria faced problems of road blocks.[8] It became a terrible problem for regional problems because it stop the transportation. It became problem of entire country. Many investors also afraid to invest due to this reason. This region also face with clashing between two groups. In 2015 a man was killed for facing problems between two groups.[9] Chief Justice of Bangladesh, Surendra Kumar Sinha said that smuggling hurts the economy while he was delivering his speech in Brahmanbaria.[10] Gold and dollar are going out of the country, he said.

References

  1. ↑ http://www.bbs.gov.bd/WebTestApplication/userfiles/Image/LatestReports/PovertyMap_UZ_05.pdf
  2. ↑ "200-year-old coins recovered". Dhaka Tribune.
  3. ↑ "Titas Starts New Well Drilling – Energy Bangla". Energy Bangla.
  4. ↑ "Regulator to look into unusual fall in prices of Titas Gas stocks". The Daily Star.
  5. ↑ "Titas struggles to remove illegal gas connections". Dhaka Tribune.
  6. ↑ "Bangladesh to ink pact with India for 100MW power from Tripura". The Times of India.
  7. ↑ "India, Bangladesh business set to grow through ports, waterways". The Economic Times.
  8. ↑ "CNG drivers block Brahmanbaria highways". Prothom Alo. 2 September 2015.
  9. ↑ "Man killed in Brahmanbaria clash – Dhaka Tribune". dhakatribune.com.
  10. ↑ "Smuggling hurting economy: SK Sinha". The Daily Star.
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