Newsweek International

Putting Bangladesh on the global map

A large part of this success comes down to the country’s expanding middle class, as well as the companies that are helping to drive the nation’s economy forward.

Founded in 1978 as United Enterprises & Co. Ltd, over the last four decades United Group has been a key player in helping to shape modern-day Bangladesh. While most family businesses are founded by one person, United Group was founded by six close friends, only two of which were related. Starting with the equivalent of $200-300, they built a modern business empire, operating in energy, real estate, education, healthcare, manufacturing and even port operations and shipping.

“From day one, we dared to take on difficult challenges. We tried to introduce ventures that were unheard of in this region and are proud to be trendsetters,” says Moinuddin

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