Bangladesh was ranked as15th best investment destination

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Bangladesh was ranked 15th in an international rating among the investment-potential countries for the foreign investors and businessmen in 2010.

Bangladesh has made tremendous progress within a short span of time as it was in the 28th place in the 2009 ranking.

This was revealed in a survey conducted by International Research Office of Japan Bank for International Co-operation (JBIC).

According to JBIC Japanese entrepreneurs are also very much keen to invest in hi-tech textile, IT, railway and road infrastructure sectors in Bangladesh.

JBIC is also optimistic about country’s Industrial Policy-2010.and  said that the industrial policy has created a scope for local and foreign entrepreneurs to investment under direct investment, joint venture and Public Private Partnership, Bangladesh will achieve rapid investment growth in near future.

They informed that Japanese investors have given special emphasis on setting up Japanese special industrial zone in Bangladesh.

According to industries minister, “Bangladesh will welcome Japanese investors as a long-time development partner of the country”.

The government has been providing various supports including tax holiday, visa facility, work permit and cash incentives for the foreign investors, he added.

The minister urged the Japanese entrepreneurs to invest in various sectors including setting up fertilizer factory, developing road and rail network, setting up environment friendly shipyard and ICT sector in Bangladesh.

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