Join hands with BD partners for dev thru’ investment: Seminar

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UNB, Kuala Lumpur :
Highlighted investment facilities in Bangladesh speakers at a seminar here on Saturday invited foreign investors to join hands with Bangladeshi partners to become an important part of its development process.
They said a developing country like Bangladesh must not depend only on the public sector for infrastructure development rather public-private combined efforts should be expedited for achieving he development goal.
The speakers representing Bangladesh’s banking, insurance and telecommunications sectors made the observation at a seminar titled ‘Investment Opportunities in Bangladesh’ held at Kuala Lumpur Convention Centre here.
Managing Director of Infrastructure Facilitation Company (IIFC) Nazrul Islam, City Bank Limited Additional Managing Director Faruq Mainuddin, Chief Executive Officer (CEO) and Managing Director of Robi Axiata Limited Supun Weerasinghe and Chief Investment Officer of Green Delta Capital Ltd M Rafiqul Islam spoke at the seminar with Syed Moazzem Hossain in the chair.
The seminar was organised on the sidelines of the Showcase Bangladesh, 2014 being held in the city.
Speaking at the seminar, Nazrul Islam said Bangladesh has the best businesspeople and a good number of them are very young and foreign investors can find partners there to get involved in large development projects.
He said the government is also accepting foreign investment under the Public Private Partnership in infrastructure projects, power generation and other development sectors.
Nazrul Islam also said Bangladesh Malaysia Chamber of Commerce and Industry (BMCCI) could be a gateway for Bangladesh-Malaysia partnership and joint investment in Bangladesh’s development projects.
Faruq Mainuddin highlighted prospective areas for foreign investment including in deep seaport, hi-tech park, shipbuilding industry, tourism sector and leather industry.
Robi CEO described what facilities they are enjoying in Bangladesh as a foreign investors.
Supun appreciated the Bangladeshi employees in Robi for their talent and hard working attitude. He said they are planning to invest US$ 500 million in the next two years.
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