Desk Report
Publish: 23 Feb 2022, 08:02 pm
Finance Minister AHM Mustafa Kamal || Photo: Collected
Finance Minister AHM Mustafa
Kamal today expressed his high optimism that Bangladesh would get more foreign
direct investment (FDI) in the coming days since the country is a very good
destination for making investments.
"Bangladesh is a very good
place for making investments. Bangladesh is not lagging behind in attracting
investment compared to other countries. The country will get more FDI and it's
my belief," he said.
The Finance Minister said this
virtually after chairing two separate meetings on the Cabinet Committee on
Economic Affairs (CCEA) and the Cabinet Committee on Government Purchase
(CCGP).
He said the CCEA meeting approved
a proposal in principle for signing development agreement and land lease
agreement between Bangladesh Economic Zones Authority (BEZA) and the Bangladesh
SEZ Ltd for developing the special economic zone exclusively for the Japanese
investors being set up on 1,000 acres of land at Araihazar Upazila in
Narayanganj.
Bangladesh SEZ Ltd is a joint
venture of BEZA and Sumitomo Corporation of Japan.
The Finance Minister said that it
was a long-cherished thing that the Japanese investments would come to
Bangladesh on a large scale while a series of meetings to this end were held
between him and the Japanese ambassador, JICA Country representative, and other
concerned officials.
"Once the Japanese SEZ is
developed, then it will be a milestone for the country and we'll see a lot more
projects like this in the future. Now we've all kinds of physical and
non-physical infrastructures," he added.
He also hoped that after
completion, this Japanese SEZ would create huge employment opportunities in
the country.
Joining the briefing, Cabinet
Division Additional Secretary Md Zillur Rahman Chowdhury said that the day's
CCEA meeting approved a proposal in principle from the Power Division for
procuring spares, consumables, and schedule maintenance work under Direct
Procurement Method (DPM) from Siemens, Germany for the Ghorashal 365MW combined
cycle power plant.
Besides, he informed that another
proposal from the Ministry of Agriculture was approved in principle in the
meeting under which necessary products and services would be procured under the DPM
method for hosting the 36th session of the FAO Regional Conference for Asia and the
Pacific (APRC) to be held in Bangladesh for the first time from March 8-11 this
year.
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Topic : Finance Minister AHM Mustafa Kamal
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