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Now is good time to invest in Bangladesh: Planning Minister

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Planning Minister MA Mannan on Thursday said Bangladesh’s growing economy offers good opportunities for local and foreign investment.

He said every country gets a chance of such favorable opportunity once and this can used to develop like Japan, Korea and China.

The planning minister was addressing as the chief guest at BIDA-BBF investment summit 2021 at hotel Le Meridien in the capital.

He urged government officials and businesses to work more for investment and talk less.

Executive Chairman of Bangladesh Investment Development Authority BIDA Md.Sirajul Islam was the special guest in the function.

Ambassador of Japan to Bangladesh Naoki Ito, High commissioner of Sri Lanka to Dhaka Professor Shudarshan Seneviratne, charge d affairs of the embassy of European Union Jeremy Opritesco, acting high commissioner of Australia to Dhaka Ms Nardia Simpson, President of Bangladesh Garment Manufacturer Association (BGMEA) Faruque Hasan, among other spoke here from the foreign guest.

Professor Masud A Khan, chairman and CEO Better Bangladesh Foundation (BBF) moderated the summit.

BIDA Director Arifur Hoque presented a paper on Bangladesh investment opportunities in different sectors.

BIDA Chairman said “We try to bring both product and invest diversification so that all kind of investor can get space here.”

He said currently BIDA provides 56 services online by single window which is ensuring hassle free and quick services for the investors.

The Japanese ambassador said Bangladesh is becoming Asian Tiger and will lead the manufacturing sector for this reason.

He said more Japanese companies will invest in Araihazar exclusive economic zone and it will be an excellent international investment hub.

Sri Lanka High commissioner termed Bangladesh as a very good friend of his country and hoped for a balanced trade and investment relation between the two countries.

The EU envoy said a good investment environment is prevailing now in Bangladesh and bilateral trade of EU countries with this country is increasing.

BGMEA president said there is a huge potential of investment in Bangladesh and foreign investors can invest here with confidence.

More than 150 green factories in the RMG sector in Bangladesh and more eco-friendly factories are underway to establish here, he said.

United News of Bangladesh (UNB) and ATN Bangla was the media partner of the summit which was organized on the occasion of 50 years of Bangladesh’s independence.

Assure group, ASL, Sentry Security Services sponsored the BIDA-BBF investment summit2021.

Source: United News of Bangladesh