Bangladesh is the top ideal position for investment in the world and can be an investment hub for a market position of 300 million people, Prime Minister Sheikh Hasina said yesterday.
“Due to its geographical location and infrastructure development, Bangladesh is the most attractive destination for investment. We will be offering (investment) opportunities and facilities,” he said.
“It can be an investment hub for a market of three hundred million people in South Asia, Europe and other parts of the world,” he said.
“In terms of geographical location, Bangladesh is perfectly situated to be a bridge between east and west,” he added.
“We already have a market of 17 million rupees of people. At the same time, we have a market on the west side of 50 million rupees, on the north side of 150 crore and on the east side of one hundred million rupees,” the prime minister said. Said.
“We already have a market of 17 million rupees of people. At the same time, we have a market on the west side of 50 million rupees, on the north side of 150 crore and on the east side of one hundred million rupees,” the prime minister said. Said.
The Prime Minister made the remarks as she inaugurated a Japanese economic zone, known as the Bangladesh Special Economic Zone (BSEZ), in Araihazar in Narayanganj, virtually joining her official in Gono Bhaban.
In addition, the government has taken measures that have facilitated the construction of people’s buying force, a market of 17 million people, he added.
Hasina said her government is running for the overall progress of the nation through planned industrialization while protecting arable land and the environment.
Foreign marketers have an explicit interest in making an investment in the country and the government also provides special services for young marketers to invest in economic zones, where marketers can take advantage of special opportunities, the prime minister said.
“If sellers show up, we will give them special opportunities. They will be allocated separate parcels,” news firm UNB said.
The Bangladesh Economic Zones Authority (Beza) and BSEZ jointly organized the program in Araihazar, where the outgoing Ambassador of Japan to Bangladesh, ITO Naoki, and the CEO of Sumitomo Corporation, Masayuki Hyodo, were also present.
Beza Chief Executive Shaikh Yusuf Harun said about 40 companies, in addition to 30 Japanese companies, have expressed interest in investing in BSEZ.
Once the entire economic zone is opened, it will attract an investment of $1. 5 billion, he said, adding that investment agreements have already been signed with Singer and German company Rudolf.
“A million more people will be hired there,” he added.
The BSEZ will attract investment not only from Japanese corporations but also from other foreign corporations, Naoki said.
“I expect more than a hundred corporations to operate here in the future. . . BSEZ can offer potential investors the most productive environment imaginable in the region,” he said.
Under this government, Bangladesh will achieve the glorious feat of upgrading the United Nations from a less evolved country to an emerging country by 2026, he said.
The country then aspires to be an evolved country by 2041 by achieving Vision 2041, Naoki said.
“I would like to reiterate that Japan will continue with Bangladesh in its adventure of progress and its paintings to build a win-win partnership for our filthy rich future,” he said.
Bangladesh’s market position is likely to be giant and it is also a smart position to invest, so the initiative was taken to identify BSEZ, Himdo said.
“Hopefully this will play a role in attracting foreign direct investment to Bangladesh,” he added.
At the event, two Japanese companies, Onda Corporation and NICCA CHEMICAL CO, also signed land leases.