UNB, New Delhi :
Prime Minister Sheikh Hasina on Thursday urged the global investors, particularly the Indian entrepreneurs, to invest in non-conventional potential areas.
“It’s time for global investors, particularly the Indian entrepreneurs, to invest in Bangladesh in areas like education, light-engineering, electronics, automotive industry, artificial Intelligence-beyond the conventional menu,” she said.
The Prime Minister made the call while addressing as the chief guest at the Country Strategy Dialogue (CSD) on Bangladesh at the India Economic Summit 2019 of the World Economic Forum (WEF) at Hotel Taj Palace in the capital city of India.
Hasina said, Bangladesh is moving fast to a high-value, knowledge-intensive society, beyond apparel manufacturing.
Last year, she said, Bangladesh exported 12 industrial robots to Korea while four ships made in Bangladesh have come to India.
Recently, Reliance purchased a large quantity of refrigerators made in Bangladesh and Bangladesh also has six lakhs of IT freelancers – the largest freelancing community, Hasina said.
“Today, Bangladesh offers the most liberal investment regime in South Asia – in terms of legal protection of foreign investment, generous fiscal incentives, concession on machinery import, unrestricted exit policy, full repatriation of dividend and capital on exit, for example,” Hasina said adding Bangladesh is establishing 100 Special Economic Zones, with one-stop service across the country.
She said, 12 such Zones are already functioning while two are reserved for Indian investors.
A number of High-Tech parks are also ready for technology and innovative enterprises, the Prime Minister mentioned.
In between Eastern and North-East India, China on
the west and South-East Asia, Bangladesh deserves the attention of global and Indian business as a seamless economic space, said Hasina.
“We can serve as the economic hub for the sub-region. Beyond our own 162 million people, Bangladesh can be the connecting landmass to a combined market of nearly 3 billion people,” she said. Last year, the Prime Minister said, HSBC predicted that Bangladesh will be the 26th largest economy in the World by 2030.
Prime Minister Sheikh Hasina on Thursday urged the global investors, particularly the Indian entrepreneurs, to invest in non-conventional potential areas.
“It’s time for global investors, particularly the Indian entrepreneurs, to invest in Bangladesh in areas like education, light-engineering, electronics, automotive industry, artificial Intelligence-beyond the conventional menu,” she said.
The Prime Minister made the call while addressing as the chief guest at the Country Strategy Dialogue (CSD) on Bangladesh at the India Economic Summit 2019 of the World Economic Forum (WEF) at Hotel Taj Palace in the capital city of India.
Hasina said, Bangladesh is moving fast to a high-value, knowledge-intensive society, beyond apparel manufacturing.
Last year, she said, Bangladesh exported 12 industrial robots to Korea while four ships made in Bangladesh have come to India.
Recently, Reliance purchased a large quantity of refrigerators made in Bangladesh and Bangladesh also has six lakhs of IT freelancers – the largest freelancing community, Hasina said.
“Today, Bangladesh offers the most liberal investment regime in South Asia – in terms of legal protection of foreign investment, generous fiscal incentives, concession on machinery import, unrestricted exit policy, full repatriation of dividend and capital on exit, for example,” Hasina said adding Bangladesh is establishing 100 Special Economic Zones, with one-stop service across the country.
She said, 12 such Zones are already functioning while two are reserved for Indian investors.
A number of High-Tech parks are also ready for technology and innovative enterprises, the Prime Minister mentioned.
In between Eastern and North-East India, China on
the west and South-East Asia, Bangladesh deserves the attention of global and Indian business as a seamless economic space, said Hasina.
“We can serve as the economic hub for the sub-region. Beyond our own 162 million people, Bangladesh can be the connecting landmass to a combined market of nearly 3 billion people,” she said. Last year, the Prime Minister said, HSBC predicted that Bangladesh will be the 26th largest economy in the World by 2030.
