Business Desk :
Speakers at a webinar on Saturday stressed the need for reforming the taxation system alongside tapping the Foreign Direct Investment (FDI) potentials in a wide range of sectors like agro processing, light engineering, non-cotton apparel, home textile, blue economy and education in the country to ensure export diversification and smooth LDC graduation.
They also suggested for extending the scope for whitening undisclosed money in the health infrastructure, economic zones, and in other infrastructure sectors alongside the existing sectors to create more employment opportunities.
The participants in the webinar also opined that all the concerned stakeholders need to extend their all-out cooperation to the Bangladesh Investment Development Authority (BIDA) to attract more FDI in the country. Planning Minister MA Mannan spoke at the Economic Reporters Forum (ERF) Webinar titled “FDI for Export Diversification and Smooth LDC Graduation” as the chief guest.
The webinar was organized as part of the ERF Webinar Series in partnership with the Asia Foundation and Research and Policy Integration for Development (RAPID). Executive Chairman of Bangladesh Investment Development Authority (BIDA) Md Sirazul Islam spoke as special guest chaired by ERF Vice President Shafiqul Alam. President of Metropolitan Chamber of Commerce and Industry (MCCI) Barrister Nihad Kabir, President of Dhaka Chamber of Commerce and Industry (DCCI) Rizwan Rahman, and Managing Director of Apex Footwear Ltd Syed Nasim Manzur spoke as panelists.
Executive Director of RAPID and Dhaka University Professor of Development Studies Dr M Abu Yusuf and Country Representative of the Asia Foundation Kazi Faisal Bin Seraj gave welcome addresses. Chairman of RAPID and Director of Policy Research Institute (PRI) Dr Mohammad Abdur Razzaque made the key-note presentation while ERF general secretary SM Rashidul Islam moderated the function through virtual platform.
