Bangladesh the most liberal nation for investment: PM

Prime Minister Sheikh Hasina has urged the Indian industrialists to invest in her country, saying Bangladesh has the most liberal ecosystem for investment in infrastructure, manufacturing, energy and transport sectors.

The Prime Minister made the call while addressing a high level business event jointly organised by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Confederation of Indian Industry (CII) at the ballroom of her palace of residence in New Delhi on Wednesday.

She said Bangladesh has the most liberal investment regime in the region with a wide array of facilities, attractive incentive policies and consistent reforms.

Presently, Hasina said 100 special economic zones and 28 high-tech parks are being set up across the country aimed at encouraging investment and rapid economic development through increase and diversification of industry, employment, production and export.

“For the Indian investors, two dedicated Special Economic Zones at Mongla and Mirsari are being developed. I will urge the business houses present here today to invest there,” she said.

The premier said it will further pave the way to harness the good will of the two friendly countries, and bring economic prosperity to the region as Bangladesh is uniquely located to enable Indian investors to export their products to not only the North Eastern States of India, but also to Nepal, Bhutan, and to South East Asian countries.

Indeed, she said that the time is ripe for the Indian business community to focus more on Bangladesh and take advantage of its economic growth, cheaper cost and huge consumer base.

Sheikh Hasina said they have implemented mega projects to accelerate the growth of industries and to take full advantage of our strategic location.

The premier mentioned that Bangladesh and India have the best of relations and said the two neighbouring countries' relations are known as the Role Model of Neighborhood Diplomacy.

In this connection, she said that thousands of Indian nationals are now working in Bangladesh, contributing to both the economies.

She hoped that deep bonds of friendship existing between Bangladesh and India shall continue to grow and flourish.

Inputs taken BSS and other agencies