August 5, 2009

Economy and development

As a most beautiful and famous tourist spot of Bangladesh, the major source of economy of Cox's Bazar is tourism. Millions of foreigners and Bangladeshi natives visit this coastal city every year. Therefore, a number of hotel, guesthouse, and motel have been built in the city and coastal region. Many people are involved in these hospitality and customer service type business. A number of people are also involved in fishing and collecting seafood and sea products for their livelihood. Out of several sea products various kinds of Oyster, Snail, Pearl and their ornaments are very popular to tourists in the seaside and city stores. A number of people are also involved in the transportation business for tourists. Cox's Bazar is also one of the few major spots for aquaculture in Bangladesh. Along with Khulna, it is considered as a major source of foreign exchange earning of the country from this sector. Besides, a mix of small-scale agriculture, marine and inland fishing and salt production are other industrial sources from this region that plays important role in the national economy.

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