Bangladesh: PM woos US investors, offers attractive facilities

DHAKA, 24 September 2021, (TON): Prime Minister Sheikh Hasina has sought US investment in various potential sectors apart from the existing energy, banking and insurance sectors as Bangladesh is developing its infrastructure and power supply systems to facilitate foreign direct investment.

She said "the US is, of course, the largest investor in Bangladesh with stakes in energy, banking and insurance sectors. We invite US investment in other lucrative sectors like ICT, renewable energy, shipbuilding, automobile, light engineering, agro-processing, blue economy, tourism and knowledge-based hi-tech industries."

Hasina made the call while delivering her speech at the Executive Business Roundtable of the US-Bangladesh Business Council at Lotte Palace in New York.

Hasina said “Bangladesh is investing heavily on infrastructure development and power supply to facilitate FDI in those and other promising sectors in Bangladesh.”

The prime minister also said “Bangladesh is ready to start the Free Trade Agreement (FTA) negotiations with the US at an appropriate time.”

She said from its 100 economic zones, Bangladesh is ready to offer one exclusively for American companies, and also invites US investment in its 28 high-tech parks. "We're constantly improving our physical, legal and financial infrastructure, and also connectivity as with Padma Bridge and Dhaka Metro-Rail."

Rate this item
(0 votes)
Login to post comments
Go to top