UK eyes BD infrastructure sector for huge investment

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UNB, Dhaka :
The United Kingdom wants to invest in a big way in Bangladesh to help achieve its middle-income country status saying the next generation of British Bangladeshis can make the difference with their cemented ties with Bangladesh, says a British trade envoy.
“Obviously, infrastructure is a big area for investment,” British Prime Minister’s trade envoy to Bangladesh Rushanara Ali, MP told UNB adding that there are new areas Bangladesh and the UK can work.
She listed energy sector, especially renewable energy, and technological cooperation, education and skill sharing as some potential areas of cooperation.
“You’ve a very young population increasingly educated. You’re really getting involved in developing new enterprises,” Rushanara said mentioning that the two countries have a lot to do together.
British High Commissioner in Dhaka Alison Blake was, among others, present during Rushanara’s interview with a select group of media.
The British trade envoy said there is a real recognition that rail, roads, bridges and airports – those basic things need investment and they need partnership from different countries with Bangladesh to help the country achieve its ambition of becoming a middle-income country.
Saying these are related to economic development, Rushanara also laid emphasis on “inclusive development” in Bangladesh.
Talking about investment barriers, she said further improvement in business climate means more investors to look at Bangladesh for future investment, not just from the UK but from other countries. “This is something very important.”
The trade envoy, who is now here on her third visit to Bangladesh representing the British Prime Minister, said, “Businesses go to countries where environment is conducive to investing and operating. You all know it very well.”
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