Bangladesh’s finance minister expects large-scale foreign investment

Finance Minister AHM Mustafa Kamal said the necessary infrastructure suitable for investment is being created in Bangladesh. So hopefully in the future, we will get a lot of foreign investment. But for this, we have to show sincerity and love to the investors.

He was speaking as the chief guest at an exchange of greetings with online investors on the occasion of the 4th anniversary of the Bangladesh Investment Development Authority (BIDA) on Thursday.

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Prime Minister’s Private Industry and Investment Adviser Salman F Rahman was the special guest at the function presided over by Bidar Executive Chairman Sirajul Islam.

Among others, President of Bangladesh Federation of Industries and Merchants Association (FBCCI) Sheikh Fazle Fahim, President of Bangladesh Women Chamber of Commerce and Industry and Member of Parliament Selima Ahmad, Executive Chairman of Bangladesh Economic Zones Authority (BEZA) Pawan Chowdhury Executive Chairman of Export Processing Zones Authority of Bangladesh (BEPZA), Major General SM Salauddin Islam, Managing Director of Bangladesh Hi-Tech Park Authority Hosne Ara Begum, Acting Resident Head of IFC in Bangladesh Nujat Anwar, President of BGMEA Export-Owned Garment Industry Owners Association Dr. Rubana Haque, Standard Chartered Bank CEO Nasser Ijaz, Grameen Phone CEO Yasir Ajman, Unilever CEO and Managing Director Kedar Lele spoke on the occasion.

The finance minister said the size of the global gross domestic product (GDP) is 6 trillion US dollars, a large part of which is foreign investment. But unfortunately, foreign investment in Bangladesh is very low. “We have set up the physical infrastructure,” he said. The job now to attract foreign investment is to bring investors into the country with love and sincerity.

He said Bangladesh views domestic and foreign investment equally. There is no discrimination between domestic and foreign investment.

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Mridha Shihab Mahmud

Mridha Shihab Mahmud is a writer, content editor and photojournalist. He works as a staff reporter at News Hour. He is also involved in humanitarian works through a trust called Safety Assistance For Emergencies (SAFE). Mridha also works as film director. His passion is photography. He is the chief respondent person in Mymensingh Film & Photography Society. Besides professional attachment, he loves graphics designing, painting, digital art and social networking.
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