Dhaka: The government has taken a decisive step to increase Foreign Direct Investment (FDI) by forming a five-member committee tasked with recommending incentives. This initiative is aimed at enhancing the country’s appeal to foreign investors.
According to Bangladesh Sangbad Sangstha, the committee is led by Finance Adviser Dr. Salehuddin Ahmed and is expected to deliver its recommendations within one month. Dr. Ahmed Ullah, Director General of the Chief Adviser’s Office, confirmed the formation of the committee in a statement.
The committee comprises key figures in the country’s financial landscape. Executive Chairman of the Bangladesh Investment Development Authority (BIDA), Chowdhury AshiK Bin Harun, will serve as the Member Secretary. Other members include Bangladesh Bank Governor Dr. Ahsan H Mansur, Chairman of the National Board of Revenue (NBR) Md Abdur Rahman Khan, and Finance Secretary Dr. Md Khairuzzaman Mozumder. The government’s initiative reflects its commitment to fostering a more favorable environment for foreign investors.