Business Desk :
Land Minister Saifuzzaman Chowdhury said that the capital market will soon emerge as the main source of long-term financing in Bangladesh.
He came up with the remark on Monday while addressing as the chief guest of the first investment summit on capital markets in Bangladesh, a roadshow titled “The Rise of Bengal Tiger: Potentials of Trade and Investment in Bangladesh”.
The event was organised by the Bangladesh Securities and Exchange Commission (BSEC) at a hotel in Zurich, Switzerland to showcase investment opportunities in the capital market of Bangladesh to the expatriate Bangladeshi and foreign, especially Swiss investors in the development of the capital market of Bangladesh.
Ambassador of Switzerland to Bangladesh Nathalie Chuard, Bangladesh Securities and Exchange Commission Chairman Professor Shibli Rubayat-Ul-Islam were present at the event.
“I think we are quite balanced and heading towards the right direction if you look at the balance we have between our macro-economy and micro-economy,” the land minister said adding that the country under the leadership of Prime Minister Sheikh Hasina has raised to a certain level of development.
Calling upon the investors and businessmen present at the time, Minister Saifuzzaman Chowdhury said, “There is a wind of change in the air of Bangladesh; you’ll see it, you’ll feel it, once you invest there. “Bangladesh has been a country with political stability for over a decade, a place you can rely on to make investments. Also, our economy is doing great,” he added.
Calling it a win-win situation for both parties, BSEC Chairman Professor Shibli on his welcome note said that Bangladesh has a trained and educated labour force, a very business-friendly government, and favourable environment.
“Bangladesh Government is here to invite you. We want to be with you and we want you to come to Bangladesh with all your technical and innovative resources,” he said.
