Invest more in Bangladesh

Humayun urges US entrepreneurs

Industries Minister Nurul Majid Mahmud Humayun yesterday urged the entrepreneurs of the United States US) to invest in Bangladesh’s different sectors, including energy, infrastructure, communication, agro-business, ICT, education, tourism and real estate.

“Our government’s industrial policy provides extensive incentives and facilities to attract FDI anywhere in Bangladesh, especially at the Export Processing Zones (EPZs). I’m happy to see USA at the top of this investors’ list already,” he said.

The minister said this while speaking as the chief guest at the inaugural session of the three-day US trade show at Sonargaon Hotel in the capital, said a press release.

The American Chamber of Commerce in Bangladesh (AmCham) and the United States are jointly hosting the 27th edition of the trade show.

Humyaun said Bangladesh is moving ahead towards the development super highway under the prudent leadership of Prime Minister Sheikh Hasina.

“After recent graduation to a lower middle income country status, Bangladesh is now on right track to become a middle income, digital Bangladesh by the year 2021 and a developed nation by the year 2041,” he added.

He informed that Bangladesh achieved 8.15 per cent GDP growth in the fiscal 2018-19, exceeding all the previous records. “Per capita income has risen to US$ 1,909. As a result, Bangladesh is now globally recognised as a ‘role model’ for development,” he added.

He said there is scope to raise the GDP to double digit, even more, and again this can create great opportunities for domestic as well as international investment.

“There are many multinational companies and banks are operating in the country and they are posting quite an appreciable amount of profit for the owning companies. US investors can avail these opportunities as well,” he added.

Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Md Sirazul Islam, Charg, d’ Affairs of the United States Embassy in Dhaka JoAnne Wagner and AmCham President Syed Ershad Ahmed, among others, were present on the occasion.

Earlier on Wednesday Humayun said new investment proposals from abroad are being received almost

every day due to investment friendly environment in the country.

Invest more in Bangladesh

Humayun urges US entrepreneurs

Industries Minister Nurul Majid Mahmud Humayun yesterday urged the entrepreneurs of the United States US) to invest in Bangladeshs different sectors, including energy, infrastructure, communication, agro-business, ICT, education, tourism and real estate. Our governments industrial policy provides extensive incentives and facilities to attract FDI anywhere in Bangladesh, especially at the Export Processing Zones (EPZs). Im happy to see USA at the top of this investors list already, he said. The minister said this while speaking as the chief guest at the inaugural session of the three-day US trade show at Sonargaon Hotel in the capital, said a press release. The American Chamber of Commerce in Bangladesh (AmCham) and the United States are jointly hosting the 27th edition of the trade show. Humyaun said Bangladesh is moving ahead towards the development super highway under the prudent leadership of Prime Minister Sheikh Hasina. After recent graduation to a lower middle income country status, Bangladesh is now on right track to become a middle income, digital Bangladesh by the year 2021 and a developed nation by the year 2041, he added. He informed that Bangladesh achieved 8.15 per cent GDP growth in the fiscal 2018-19, exceeding all the previous records. Per capita income has risen to US$ 1,909. As a result, Bangladesh is now globally recognised as a role model for development, he added. He said there is scope to raise the GDP to double digit, even more, and again this can create great opportunities for domestic as well as international investment. There are many multinational companies and banks are operating in the country and they are posting quite an appreciable amount of profit for the owning companies. US investors can avail these opportunities as well, he added. Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Md Sirazul Islam, Charg, d Affairs of the United States Embassy in Dhaka JoAnne Wagner and AmCham President Syed Ershad Ahmed, among others, were present on the occasion. Earlier on Wednesday Humayun said new investment proposals from abroad are being received almost every day due to investment friendly environment in the country.