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PM Sheikh Hasina Calls for Investment in Marine Resource Extraction

Sheikh Hasina

Prime Minister Sheikh Hasina today urged both local and international investors to invest in the extraction of marine resources from Bangladesh’s extensive sea areas.

“In order to fortify the blue economy through the diverse utilization of our marine resources, I call upon local and foreign investors to seize the opportunity to invest in Bangladesh. This will enable us to harness more of our marine resources,” she announced.

The Prime Minister made these remarks during the inauguration of the Bangladesh International Aquaculture and Seafood Show-2024 at the Bangabandhu International Conference Centre (BICC) in Dhaka.

She emphasized the importance of adhering to proper standards in the collection, distribution, and processing of fish to boost exports, aiming to make fish the country’s second-largest source of foreign currency.

Sheikh Hasina pointed out that her government has made limited progress in harvesting fish and other sea resources from the deep sea due to a lack of interest from local investors.

“Therefore, we need foreign investment to advance in this area. This is the reality we must face,” she noted.

She also suggested that both local and foreign investors can collaborate in joint ventures or invest separately in this sector to achieve better results.

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