BD is open for NRBs investment

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Staff Reporter :
Bangladesh Bank (BB) Governor Dr. Atiur Rahman on Wednesday said that almost all industrial sectors in Bangladesh are open for investment by non-resident Bangladeshis (NRBs).
“NRBs can play a significant role in technology transfer in the form of training for skill development and management efficiency,” he said while addressing an NRB focused event ‘Bangladesh Financial Sector: Opportunities, Regulations, Products and Services’ in London.
The function, jointly organized by the Standard Chartered Bank (SCB), UK Bangladesh Catalysts of Commerce & Industry (UKBCCI), and Bangladesh High Commission in the UK, was also addressed by Bangladesh Commissioner in London Md. Abdul Hannan, CEO of Standard Chartered Bank Bangladesh Abrar A. Anwar, and Chairman of UKBCCI Iqbal Ahmed.
According to a message received in Dhaka, the governor, highlighting the prospects and opportunities of NRB investment in Bangladesh, said the expatriates can also contribute in mitigating the saving-investment gap with new financial engineering know-how and products.
NRBs can engage in profitable investment by setting up cost effective labor intensive export manufacturing bases in Bangladesh, producing for markets in host countries and elsewhere, he added.
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