More coordination among investment promotion bodies needed

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Business Desk :
Pre-budget discussion suggests that the investment promotion bodies of the government should work in a coordinated way to boost investments in the country.
Chiefs of these bodies said this during a pre-budget meeting with the NBR on Thursday. They said attracting investments should given priority in framing any policy as investments are urgently needed for ensuring sustainable development in the country.
Chaired by National Board of Revenue (NBR) chairman Md Mosharraf Hossain Bhuiyan, the meeting was attended by Bangladesh Investment Development Authority (BIDA) executive chairman Kazi M Aminul Islam, Bangladesh Economic Zones Authority (BEZA) executive chairman Paban Chowdhury and Bangladesh Hi-tech Park Authority managing director Hosne Ara Begum.
Kazi M Aminul Islam said NBR is not only an organization to mobilize revenue, it plays crucial role in determining trend and nature of development of the country. So, the national budget should be prepared in such a way that the country can achieve maximum investments for development, he added.
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