Invest in Bangladesh to help it become a developed country by 2041: PM

BTJ Desk Report
Invest in Bangladesh to help it become a developed country by 2041: PM

Prime Minister Sheikh Hasina called upon global businessmen and investors to invest in Bangladesh to join hands in making the smooth journey of transforming Bangladesh into a developed, prosperous and Smart Bangladesh by 2041.

“You people (world business community) come. Bangladesh is always ready to welcome you here—invest in Bangladesh thinking it as your country,” she said while inaugurating a three-day “Bangladesh Business Summit 2023”.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) organized the summit at the Bangabandhu International Conference Centre (BICC) in the capital city to commemorate the Golden Jubilee of the country’s apex business body FBCCI.

The Ministry of Foreign Affairs, the Commerce Ministry, and the Bangladesh Investment Development Authority (BIDA) are partnering the summit with the FBCCI.

Welcoming the business people attending the summit, the Prime Minister said: “I called upon you all to join the journey of us towards making Bangladesh a high income generated, developed, prosperous and innovative Smart Bangladesh by 2041.”

Sheikh Hasina asked the local business leaders to take preparation from today to cash in on the advantages and face the challenges to arise after becoming a developing nation in 2026.

“Don’t be hopeless. You have to be prepared from now on to face any challenges and Insha’Allah we will be able to do it,” she said.

She, however, assured the country’s business community of having beside them in their every need to face the post-graduation challenges.

The Prime Minister reminded the business people from home and abroad that her government has been attaching topmost priority to improving the investment environment in Bangladesh to attract both local and foreign direct investments.

In this context, she said the BIDA is implementing the Bangladesh Investment Climate Improvement Programme mainly to put an end to the bureaucratic red tape.

“Decisions will be implemented once they are taken,” she added.

The Premier said 100 economic zones are being set up across the country and the government has offered lucrative advantages for foreign and local investments.

She said the global people have been suffering due to the essentials’ price hike and high inflation rate due to the global economic recession streaming from the ongoing Covid-19 pandemic, Russia-Ukraine war, economic sanctions, and counter-sanctions.

“Bangladesh, like many other developing countries, is now facing serious trouble due to the global economic recession. Even the developed countries have been rattled because of it,” she said.


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