Desk Report
Publish: 03 Aug 2021, 10:56 pm
Prime Minister's Private Sector Industry and Investment Adviser Salman F Rahman (Photo; Collected)
Prime Minister's
Private Sector Industry and Investment Adviser Salman F Rahman today urged the
Bangladeshi expatriates to invest in Bangladesh.
"Investment is
needed to accelerate the progress of country's economy and initiatives have
been taken to reduce problems related to investment of expatriates," he
told the closing session of a ten-day-long road show on Bangladesh's economy in
San Francisco, USA.
Mayor of the state of
California Lisa M. Gilmore spoke at the event, said a press release.
Among others,
Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof. Shibli
Rubaiyat-ul-Islam, Financial Institutions Department Senior Secretary Abdur
Rauf Talukder, Commerce Secretary Tapan Kanti Ghosh, Investment Development
Authority (BIDA) Executive Chairman Sirajul Islam, Bangladesh Export Processing
Zones Authority's (BEPA) Executive Chairman Major General Nazrul Islam and BSEC
Commissioner Dr Mizanur Rahman also spoke.
Salman F Rahman said,
"Bangladesh's economy is steadily advancing and the private sector is
leading the economy. The private sector is also leading various manufacturing
companies, banks, insurance, media and power sectors."
This was possible due
to the dynamic leadership of Prime Minister Sheikh Hasina, he added.
Prof. Shibli said,
"The current environment in Bangladesh is investment friendly. Political
stability, economic viability, purchasing power of people, exchange rate, youth
labor force and ecosystem are in favor of investment."
The potential for
venture capital and startup businesses is increasing in Bangladesh. So it is
the high time for investment, he added.
Mayor Lisa termed
Bangladesh as a country of emerging economies and praised Bangladesh's
progress. This progress was possible due to dynamic leadership of Prime
Minister Sheikh Hasina.
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