Bangladesh’s liberalized investment policies encourage foreign investment: Experts
DHAKA, Jan 27, 2021 (BSS) – Experts at an investment summit observed that Bangladesh’s liberalized investment policies and concessions are encouraging the foreign investors to invest in the country.
Today, they made the remarks at the “Bangladesh Showcase 2021: China-Bangladesh Investment Summit”, which is co-hosted by Standard Chartered and the Bangladesh Investment Development Organization (BIDA).
The virtual event showcased the partnership potential between Bangladesh and China and highlighted the emerging strategic opportunities in a shifting global landscape. Over 400 delegates representing Chinese public and private
Sectors, policymakers, investors, bankers and economists, along with prominent leaders from the private and public sectors were in attendance.
Minister of MA Mannan Planning, joined the investment summit as the chief guest while Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahman, BIDA Executive Chairman Mohammad Sirazul Islam, Executive Chairman of the Bangladesh Economic Zones Authority (BEZA) Paban Chowdhury, President of the Federation of Bangladesh Chambers of Commerce and Industry(FBCCI ) Sheikh Fazle Fahim and Chief Executive Officer of the Standard Chartered Bangladesh Naser Ezaz Bijoy, among others, spoke on the occasion.
MA Mannan said, “Software platforms such as Bangladesh Showcase, highlights the importance of connecting with potential investment opportunities for the common goals of economic prosperity among all countries which are involved.”
Salman F. Rahman said: “Our government is eager to facilitate trade and investment for Bangladesh and China. Bangladesh’s free investment policies and concessions encourage foreign investment, and we see China as a strong investment partner. We hope that investment cooperation between Bangladesh and China will reach a new peak during Mujib Borshu – the 100th birthday of Sheikh Mujibur Redman, the father of the Bangabando people.
Mohammad Sirazul Islam delivered the webinar’s keynote presentation that highlighted opportunities for Chinese investors in sectors such as RMG, leather, pharmaceuticals/API and medical equipment, software and IT processing of food and agricultural products, agricultural tools and machinery, electronics, automobiles and shipbuilding.