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Investors urged to prefer Bangladesh for investment

Staff Correspondent
26 Sep 2021 14:12:48 | Update: 26 Sep 2021 14:18:44
Investors urged to prefer Bangladesh for investment
— Courtesy Photo

Bangladesh Garment Manufacturers and Exporters Association President Faruque Hassan has invited foreign investors, including Bangladeshi business community living in the USA, to choose Bangladesh as their preferred and ideal investment destination.

“With consistent economic growth over the past decade, a large, young and vibrant workforce, strategic location, political stability, growing infrastructure, Bangladesh has emerged as an ideal place for investment,” he said while speaking at the 12th Annual Business Summit as a special guest.

The American Bangladeshi Business Alliance organised the event in New York on September 23, according to a press release.

At the summit, the BGMEA chief highlighted the prospect of investment in different promising sectors, including high value-added and non-cotton textiles, spare parts, textile machinery, light engineering, ICT, leather, pharmaceuticals, ceramics, shipbuilding and others.

“Bangladesh offers an investment-friendly environment with economic zones being established, mega infrastructures being developed and having favourable fiscal and non-fiscal policies for the foreign investors,” Faruque added.

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