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Silicon Valley honours Bangabandhu on his birth centenary

Staff Correspondent
07 Aug 2021 14:04:24 | Update: 07 Aug 2021 14:06:08
Silicon Valley honours Bangabandhu on his birth centenary
Lisa M Gillmor presents a crest honouring Bangabandhu to Salman F Rahman on August 2, 2021.

Silicon Valley paid its homage to Bangabandhu Sheikh Mujibur Rahman on his centennial birth anniversary.

The apex of global technology and innovation honoured Bangabandhu for his outstanding contributions towards social, economic and political transformation as well as envisioning a prosperous and self-sustained nation which he commonly referred to as “Shonar Bangla” or Golden Bengal, says a recent press release.

On behalf of Silicon Valley, Lisa M Gillmor, mayor of the city of Santa Clara, presented a crest honouring Father of the Nation of Bangladesh at the “US-Bangladesh Tech Investment Summit” on August 2, which will be handed over to Bangabandhu’s daughter and Bangladeshi Prime Minister Sheikh Hasina.

Gillmor said, “I would like to take this opportunity to encourage the companies in Silicon Valley to seek business expansion prospects in emerging countries like Bangladesh. The country has achieved remarkable progress in accelerating inclusive development – a unique experiment to understanding the policies and drivers of socio-economic development – that can be followed by developing countries around the world.”

Salman F Rahman, private industry and investment adviser to the Prime Minister, said, “Bangladesh has facilitated the ICT sector and is growing with the support of the public and private sector.”

“It is time for everybody to come and invest in Bangladesh. It’s a new Bangladesh and we all are raring to go forward,” he added.

“Being the strongest economy of the world, the USA has to pay a huge export tariff in other countries. But a joint venture with Bangladesh can operate in the international market with fewer taxes since Bangladesh enjoys tax-free export facilities with many countries,” said Prof Shibli Rubayat-Ul-Islam, chairman of Bangladesh Securities and Exchange Commission (BSEC).

The tech investment summit was organised by BSEC, courtesy of Eastern Bank Ltd, Walton and Nagad; supported by the American Chamber of Commerce in Bangladesh; and in partnership with Venture Capital and Private Equity Association of Bangladesh (VCPEAB) and TiE Global has the final chapter of its week-long roadshow in the USA.

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