PM Hasina seeks investment from Commonwealth countries

PM Hasina seeks investment from Commonwealth countries

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Sheikh Hasina said that almost all sectors are open for investment in Bangladesh.

But among them, he said, more investments are encouraged in agricultural commodities and food processing, leather and leather goods processing, medical equipment, automobile and shipbuilding, and ICT.

“These sectors have promising investment facilities, including an easy process to repatriate dividends or profits to the home country,” he said.

The Prime Minister said he always laid special emphasis on economic progress through inclusive trade and investment.

He said, “Bangladesh is leading the Commonwealth Business to Business (B2B) Connectivity Cluster as a ‘Lead Country’ and will work with the Commonwealth and its partner countries to reach the intra-Commonwealth trade target of US$2 trillion. doing.”

Sheikh Hasina said she believed a “legal reform and digitalization working group” could be formed for Commonwealth members to encourage trade and business.

“However, we must not forget to ensure a balance between trade and its impact on climate to ensure sustainable climate finance,” he said.

He said that about 70 percent of Bangladesh’s foreign direct investment comes from reinvestment, which is a testament to the excellent investment climate that Bangladesh offers to investors.

He also said that BIDA has launched a one-stop fast-track delivery service to facilitate investors in the services of various departments of the government and through this one-stop service, 78 services of 26 departments are available through one platform. Can be obtained from.

Noting that infrastructure development is a pre-requisite for investment, the Prime Minister said the government has set up 100 economic zones, 109 hi-tech and software technology parks across the country with attractive incentive packages to promote IT and Training and incubation centers have been established. foreign investors.

“We are developing our land, rail and air connectivity. Almost all the highways in the country have been expanded to four or more lanes,” he said.

In this connection, he mentioned the Padma Bridge, which directly connects 21 south-western districts of Bangladesh with Dhaka and other parts of the country.

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