Major US investors keen to invest in Bangladesh

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bdnews24.com :
Major US investors have shown their interest to invest in Bangladesh, Dhaka’s New York mission says.
The investors expressed their keenness at a luncheon meeting with the Bangladesh Ambassador to US Mohammad Ziauddin in New York on Friday.
Representatives from Citigroup, MasterCard International, Ellicott Dredgers, Coca-Cola Co, Fontheim International, American Eagle, and Sikorsky Aircraft, among others, participated in the meeting.
Some of the participants have already invested in Bangladesh.
The New York Consulate General of Bangladesh, however, says their “renewed interest indicates their readiness to benefit from the liberal investment climate prevailing in the country”.
Ziauddin briefed them about Bangladesh’s potential as a regional hub connecting South Asia and South East Asia due to strategic location.
He also highlighted Bangladesh’s strong economic indicators and drew attention to the “thrust sectors” for investments such as power, energy, shipbuilding, agro-processing, pharmaceuticals, ceramics, ICT and telecommunication.
He also sought their support for duty-free, quota-free access of Bangladesh’s ready-made garment products to the US market.
The Business Council for International Understanding (BCIU), a prominent think-tank founded by US President Dwight Eisenhower in 1955, organised the meeting.
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