Investment, policy summit begins today

Aiming at increasing awareness of policies for private sector and investment in Bangladesh and to attract the foreign investors-a two day long ‘Bangladesh Investment and Policy Summit 2016’ is going to begin in the capital today.

Director (Joint secretary) Board of Investment (BoI) Tauhidur Rahman Khan told The Independent that a total of 147 international participants from 11 countries including India, China, Japan, Indonesia, and Sri Lanka will participate in the summit. 
Tauhidur said two Indian giant investors—Gautam Adani, an Indian business tycoon who is the chairman and founder of Adani Group and Anil Dhirubhai Ambani, an Indian business magnate, will take part in the summit.
Tauhidur said most of the key not will be presented from private sector in Bangladesh as BOI expects huge Foreign Direct Investment (FDI) for industrial sector particularly in manufacturing sector.
The GDP contribution of overall investment is about 28-29 per cent but private investment has been stagnant for past few years. 
Different policies prevail for private sector investors but there are many gaps in policy comprehensiveness and implementation regarding policies for the private sector and investors, he added. 
About objectives of the summit, BoI director and also coordinator for the event Tauhidur said the summit is going to be organised to highlight latest policy developments for private sector growth in Bangladesh, showcase private sector investment opportunities in key sectors in Bangladesh and demonstrate opportunities for potential value addition to those sectors for a sustained economic growth of Bangladesh.

Investment, policy summit begins today

Aiming at increasing awareness of policies for private sector and investment in Bangladesh and to attract the foreign investors-a twoday long Bangladesh Investment and Policy Summit 2016 is going to begin in the capital today. Director (Joint secretary) Board of Investment (BoI) Tauhidur Rahman Khan told The Independent that a total of 147 international participants from 11 countries including India, China, Japan, Indonesia, and Sri Lanka will participate in the summit. Tauhidur said two Indian giant investorsGautam Adani, an Indian business tycoon who is the chairman and founder of Adani Group and Anil Dhirubhai Ambani, an Indian business magnate, will take part in the summit. Tauhidur said most of the key not will be presented from private sector in Bangladesh as BOI expects huge Foreign Direct Investment (FDI) for industrial sector particularly in manufacturing sector. The GDP contribution of overall investment is about 28-29 per cent but private investment has been stagnant for past few years. Different policies prevail for private sector investors but there are many gaps in policy comprehensiveness and implementation regarding policies for theprivate sector and investors, he added. About objectives of the summit, BoI director and also coordinator for the event Tauhidur said the summit is going to be organised to highlight latest policy developments for private sector growth in Bangladesh, showcase private sector investment opportunities in key sectors in Bangladesh and demonstrate opportunities for potential value addition to those sectors for a sustained economic growth of Bangladesh.