Business Desk :
The capital market could play a pivotal role in reducing the estimated investment gap of $192 billion in the infrastructure sector from 2016-2040.
Current trend indicates that Bangladesh will be able to meet USD 417 billion investment in the infrastructure sector, leaving the financing gap of USD 192 billion from 2016-2040.
The capital market can play a pivotal role to reduce the investment gap in Bangladesh, said Rizwan Rahman, president of Dhaka Chamber of Commerce & Industry (DCCI).
He made the comment during a courtesy call with Professor Shibli Rubayat-Ul-Islam, chairman of Bangladesh Securities and Exchange Commission on Sunday in BSEC headquarter, Agargaon, said a press release.
During the discussion, DCCI President said Bangladesh will need to invest USD 608 billion from 2016 -2040 in infrastructure sector as per the “Global Infrastructure Hub Report”.
“To encourage good companies and pursue well-performing large corporates for listing in the capital market, the tax difference between listed and non-listed companies should be rationalized,” he remarked.
He also said the capital market has a huge potential to address the CMSME financing gap as well as encourage businesses to source long-term capital reducing dependence on banks and NBFIs.
“The DSE SME platform needs to be effectively operationalized as well as listing rules for SME Platform needs to be relaxed,” he mentioned.
