Land Minister Saifuzzaman Chowdhury on Monday said the capital market will appear as the main source of long-term financing very soon in Bangladesh.
The minister made the remark while addressing as the chief guest of the first investment summit on ‘Bangladesh Capital Markets’ of a roadshow with the theme "The Rise of Bengal Tiger: Potentials of Trade and Investment in Bangladesh", a press release said.
The event was organised by the Bangladesh Securities and Exchange Commission at a hotel in Zurich, Switzerland to showcase investment opportunities in the capital market of Bangladesh to the expatriate Bangladeshis and foreign investors, especially Swiss investors, in the development of the capital market of Bangladesh.
Ambassador of Switzerland to Bangladesh Nathalie Chuard, BSEC Chairman Shibli Rubayat-Ul-Islam were also present at the event.
Urging the investors and businessmen to invest in Bangladesh, Minister Saifuzzaman said, “Bangladesh is a country with political stability for a decade where you can rely on. And our economy is doing great during this time.”
The Swiss ambassador also called upon her country's investors saying, "Take a good look at Bangladesh, its vast growing economy, its 168 million people, mostly young populations, talented entrepreneurs and see how you can be bought into this success story."
On his welcome note, the BSEC chairman said Bangladesh has a trained and educated labour force, and its government is very business friendly.
“That’s why Bangladesh government is here to invite you…we want you to come to Bangladesh with all your technical and innovative resources, and making a partnership with Bangladesh will be a win-win situation for both parties,” he added.
BSEC has organised this series of roadshows to demonstrate Bangladesh Capital Markets and Trade and Investment opportunities globally and attract global investors and NRBs to invest in Bangladesh, the media release said.
After successful completion in Dubai and four major cities in the USA earlier this year, BSEC is conducting shows at Zurich and Geneva in Switzerland now.
The summit was attended by investors and business leaders of both non-resident Bangladeshis and foreign institutional and individual investors.
Bangladeshi high-level delegation team discussed and exchanged opinions with them and showcased the robust economic growth and investment potentials of Bangladesh, especially the immense opportunities in the refurbished capital markets and the infrastructural development to facilitate investments.
Senior Secretary to the Finance Division Abdur Rouf Talukder, Senior Secretary to the Information and Communication Technology Division NM Zeaul Alam, Executive Chairman of BEPZA Major General Md Nazrul Islam, Member of National Board of Revenue Md Alamgir Hossain participated in the summit along with private sector leaders among others.
