Prime Minister Sheikh Hasina has called for robust foreign investment in Bangladesh, stating that her government is implementing various measures to attract overseas investments. Speaking at the 60th-anniversary celebration of the Foreign Investors Chamber of Commerce and Industry (FICCI) and Investment Expo-2023, the Prime Minister emphasized the creation of economic zones and high-tech parks open for foreign investments.
PM highlighted the establishment of agencies like Bangladesh Investment Development Authority (BIDA) and the simplification of investment policies, including tax waivers and foreign investment protection. Sheikh Hasina underscored her government’s commitment to making offices providing investment services fully online and digitized.
The Prime Minister emphasized the recognition of the logistics sector, fourth industrial revolution-related sectors, and tourism in the National Industrial Policy 2022 to attract both local and foreign investments. New schemes have been formulated to attract investments in the blue economy sector.
Sheikh Hasina projected Bangladesh to become the world’s 9th largest consumer market by 2030, surpassing established markets and high-growth countries. Acknowledging challenges like the COVID-19 pandemic and global geopolitical issues, she noted Bangladesh’s transformation into one of the world’s fastest-growing economies in the last 15 years.
At the event, Sheikh Hasina unveiled a research book, ‘Catalyzing Greater FDI for Vision 2041,’ and received a memorial memento symbolizing Bangladesh’s progress. The Prime Minister stressed the government’s role in fostering private sector growth and credited private sectors for Bangladesh’s remarkable economic development. She highlighted Bangladesh’s position as the world’s second-largest garment exporter and the country’s achievement of developing nation status in 2021.
Sheikh Hasina extended greetings to FICCI for its significant role in attracting foreign investments and called for collaborative efforts to achieve overall economic prosperity.
