Time for NRBs becoming country`s development partners

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PRIME MINISTER Sheikh Hasina has called upon the Non-resident Bangladeshis to come forward with their investment in the country’s 100 economic zones alongside foreign investors. To attract foreign direct investment (FDI), the government has already offered various facilities. In this context, the NRBs who have a lot of contribution to the country’s development should come up with bulk capital, financial expertise and knowledge that will ultimately embolden the country’s economy and people’s livelihood.
The Prime Minister while inaugurating a two-day convention also asked the expatriate Bangladeshis to pay special attention to the development of their ancestral villages tracing their roots. Undoubtedly, it’s a positive thinking; a pro-development concept. If the NRBs turn their eyes on their own villages, the entire country would take a different look.
She said that 100 industrial zones are being set up to attract local and foreign investments so that the country’s production and investment can go up on one hand and jobs are created on the other. The 41st largest economy is advancing in every sector and has already been termed as one of the most vibrant economies in the world.
There is another thing that is knowledge remittance. We believe, alongside the financial investment through sending hard-earned remittance, the NRBs can make a crucial contribution to the country’s development through providing knowledge remittance. Here, they can remit the most cutting-edge thinking, the latest technology and new models to make a quantum jump into the development. Over 10 million Bangladesh citizens are living in 162 countries of the world, among them 2.4 million Bangladeshis are living abroad permanently either as citizens of those countries or with other valid documents, who are called as Non-resident Bangladeshis popularly known as NRBs.
The authorities concern should have to ensure a business-friendly environment to attract FDI on different flourishing sectors, including health, education, technology, research and innovation. It definitely needs to curb corruption along with ensuring one-stop service by reducing bureaucratic tangle. The foreign investors would invest their capital and capacity if they get a safe and sound environment in the country. Side by side, profitable schemes must be offered to draw the attention of NRBs, if the government wants to maintain quality and sustainable infrastructural development up to rural level.

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