Nearly 140 million people are living in a limited area of Bangladesh. The agriculture sector is not developed enough to produce adequate food grains for the country and as such deficit is met through import from the neighboring countries. The country has become a land of ecological imbalance due to deforestation and lack of afforestation. On the other hand Bangladesh has tremendous possibilities of improvement in the field of traditional and specialized agriculture as well as in the field of afforestation.

Bangladesh Agriculture and Forest Development Ltd. (BAFD), an unit of Bangladesh Development Group is aiming to utilize its natural resource of fertile land and tropical climate for economical development of the country as well as to revert the ecological imbalance. It has the plan to set up Medicinal Plantation as specialized agriculture project and Oil Palm Tree Plantation as agricultural as well as forest development project. The Oil Palm Tree Plantation will also contribute towards improving the condition of ecological imbalance. Moreover, Palm Oil Production will significantly reduce the import volume of the same. Since Oil Palm Tree Plantation cum Palm Oil Production is a new technology in Bangladesh, the company intends to march forward in collaboration with experienced foreign associates to implement its objective.