BSS, Dhaka :
Bangladesh Bank (BB) Governor Dr Atiur Rahman assured Japanese investors of enhanced facilities for investing in Bangladesh.
The governor, addressing the Japan-Bangladesh Business Forum in the city, said the central bank had already brought some changes to the related rules and regulations to ensure the highest benefit and return from both the Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI).
The Board of Investment (BoI) in association with Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Japan External Trade Organisation (JETRO) organized the Forum.
Executives from top 50 Japanese companies covering the fields of trading, construction, energy, power generation, infrastructure development, IT, textile, RMG, pharmaceuticals and automobiles participated in the event besides local policymakers, economists and leading businessmen.
The Forum was organized as the major sideline event during the visit of Japanese Prime Minister Shinzo Abe. Abe also addressed the Forum.
Dr Atiur said foreign owned businesses can now have access to local and external financing on the same basis as for locally owned businesses, and their interest free short- term borrowings from their parent businesses at home require no prior approval.
“We at the central bank are continually engaging with local foreign investor communities in Bangladesh for facilitation of all kinds of business related external transactions including inflows of equity and debt, and outflows of royalty and technical fee, profits and dividends and disinvestment proceeds including capital gains,” he said.
