Bangladesh’s Aviation Sector Soars with Strategic Investments and Global Partnerships

Bangladesh’s aviation industry is experiencing a significant transformation, marked by strategic investments, infrastructure development, and international collaborations. These advancements aim to position the country as a regional aviation hub, enhancing connectivity and economic growth. In the national budget for the fiscal year 2025-2026, the government has proposed an allocation Out of this total, BDT 2,401 crore is allocated to the Annual Development Programme (ADP), which concentrates on infrastructure projects, and BDT 54 crore is set aside for operational costs. This investment underscores the government’s commitment to strengthening the aviation sector and unlocking the potential of tourism in Bangladesh. The Bangladesh Civil Aviation Authority (CAAB) is currently focused on finishing eight major projects by the conclusion of 2025. These include the much-anticipated third terminal at Hazrat Shahjalal International Airport (HSIA) in Dhaka. The new terminal is expected to increase the airport’s passenger handling capacity from 8 million to 24 million annually and enhance cargo handling capabilities. Other projects involve upgrades at various airports across the country, aiming to improve overall aviation infrastructure. Bangladesh’s airline industry has caught the eye of the world, and Canada has shown interest in funding improvements to airport facilities using soft loans. Discussions have focused on ongoing projects and long-term expansion plans. In a similar way, Bangladesh and Saudi Arabia have looked into ways to strengthen their cooperation in civil aviation, focusing on collaborative projects and growth in the sector. Biman Bangladesh Airlines, the country’s national carrier, is targeting a 30% rise in cargo handling this year, aiming to reach 0.434 million tonnes. The airline plans to expand its cargo transportation capacity to 0.663 million tonnes by 2035.This initiative aligns with the broader goal of enhancing the country’s cargo handling infrastructure and capabilities. Despite these positive developments, the aviation industry faces challenges, including outdated regulations. Private airlines have called for urgent reforms to the decades-old Civil Aviation Rules (CAR) of 1984, advocating for a modern aviation policy that addresses current needs and facilitates growth. To support the growing aviation industry, educational institutions like the Aviation and Aerospace University in Lalmonirhat and the Aeronautical Institute of Bangladesh in Dhaka are playing crucial roles in developing a skilled workforce. These institutions offer specialized programs in aeronautical engineering and aviation management, contributing to the sector’s human resource development.  Bangladesh’s aviation sector is on an upward trajectory, driven by substantial investments, infrastructure upgrades, and international collaborations. While challenges remain, particularly in regulatory frameworks, the concerted efforts of the government, private sector, and international partners are paving the way for a more connected and economically vibrant Bangladesh.