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In free market place reforms launched by President Ziaur Rahman in the late seventies, the city grew to become household to the primary export processing zones in Bangladesh. Zia was assassinated during an tried navy coup in Chittagong in 1981. The 1991 Bangladesh cyclone inflicted large damage on the town. The Japanese government financed the construction of various large industries and a world airport during the 1980s and 1990s. Bangladeshi non-public sector investments amplified since 1991, Specially While using the development of your Chittagong Inventory Exchange in 1995.
[28] Its harbour was mentioned in Ptolemy's environment map inside the 2nd century as One of the more impressive ports within the East.[15] The area was part of The traditional Bengali Samatata and Harikela kingdoms. The Chandra dynasty at the time dominated the region and was followed by the Varman dynasty and Deva dynasty.
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A ship inbuilt Chittagong near the Coastline of Hong Kong in 1890 Through the 13th and 16th generations, Arabs and Persians intensely colonized the port city of Chittagong, initially arriving for trade and also to spread Islam. Most Arab settlers arrived from the trade route among Iraq and Chittagong and were perhaps the primary cause for the unfold of Islam to Bangladesh.[sixteen] The 1st Persian settlers also arrived for trade and religious purposes, Using the attainable goal of Persianisation as well.
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