DCCI urges govt to declare 2019-21 as infrastructure years

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Economic Reporter :
Dhaka Chamber of Commerce and Industry (DCCI) on Wednesday called upon the government to declare 2019 to 2021 as ‘The Infrastructure Years’.
DCCI made the call at a meeting between Executive Chairman of Bangladesh Investment Development Authority (BIDA) Kazi M Aminul Islam and DCCI Board of Directors led by its President Abul Kasem Khan at BIDA headquarter in the city, said a press release.
M Aminul Islam underscored the need for more innovation and reforms in the country’s the financial sector and developing skills of the human resources.
“For venture capital, private equity and angel investment, the entrepreneurs of these sectors should get five year tax free incentives,” he added.
He emphasized for public private joint and effective collaboration as our future business will be dependent mostly on research and innovation.
Abul Kasem Khan said “In order to improve the ranking of Bangladesh with the view to attract private investment and facilitate industrialization, we need to improve our infrastructure, industrial energy situation, efficiency in the institutional framework and skill human resources.”
He urged BIDA to effectively introduce integrated one stop service, equipped with skilled and expert human resources to give the feel the prospective investors that the business process in Bangladesh is eased and simple.
“A national strategy prioritizing the sector, manufacturing and industrial projects needs to be developed for FDI promotion,” he added.
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