Prime Minister Sheikh Hasina has urged the entrepreneurs of the world to invest in various sectors such as education, automotive and light engineering in Bangladesh.
“It is the time for global investors, particularly those from India, to invest in Bangladesh in areas like education, light engineering, electronics, automotive industry, artificial Intelligence – beyond the conventional menu,” she said on Thursday (Oct 3) in New Delhi.
The prime minister made the call while speaking as the chief guest at country strategy dialogue on Bangladesh in the India Economic Summit of the World Economic Forum at Hotel Taj Palace.
She described the environment of investment in Bangladesh the most liberal one in the South Asian region.
“Today, Bangladesh offers the most liberal investment regime in South Asia – in terms of legal protection of foreign investment, generous fiscal incentives, concession on machinery import, unrestricted exit policy, full repatriation of dividend and capital on exit, for example,” she said.
Highlighting different government measures to attract foreign investment, the Sheikh Hasina said, “We are establishing 100 Special Economic Zones, with one-stop service across Bangladesh. Twelve of the Zones are already functioning. Two zones are reserved for Indian investors. A number of High-Tech parks are also ready for technology and innovative enterprises.”
Around 800 representatives from 40 countries are taking part in the two-day summit which will end on Friday (Oct 4). The Bangladesh prime minister will give speech in the closing session of the summit.