Bangladesh is full of opportunities: Land Minister

Published : 23 Sep 2021 05:37 PM | Updated : 24 Sep 2021 12:30 PM

Terming present era as the era of Asia, Land Minister Saifuzzaman Chowdhury said Bangladesh is full of hopes and opportunities. Avail the hopes and utilize these opportunities. This is the call from Bangladesh.

The minister made the remarks while addressing the foreign and non-resident Bangladeshi businessmen as the chief guest at the second investment summit on ‘Bangladesh Capital Markets’ of a roadshow with the theme "The Rise of Bengal Tiger: Potentials of Trade and Investment in Bangladesh" on Wednesday at a hotel in Geneva, Switzerland.

This Road show was organized by the Bangladesh Securities and Exchange Commission (BSEC) to showcase investment opportunities in the capital market of Bangladesh to the expatriate Bangladeshis and foreign, especially Swiss investors for the development of the capital market of Bangladesh, said a press release on Thursday.

Land Minister Saifuzzaman Chowdhury called upon foreign investors to invest in high-tech industry and heavy industries such as shipbuilding in Bangladesh. Emphasizing on the opportunities for foreign and expatriate investors to invest in Special Economic Zones and Export Processing Zones, the minister said, "Come and see the situation in Bangladesh before investment.”

Speaking about the prudent leadership of Prime Minister Sheikh Hasina, he said, “The leadership and guideline of the Prime Minister help Bangladesh move forward with the stable economic and social condition despite the coronavirus pandemic.”

The minister also mentioned Bangladeshi entrepreneurs as resilient and fighter.

Noting the gradual transition of Bangladesh from an agrarian economy to an industrial one, Saifuzzaman Chowdhury expressed his and said that Bangladesh would be a fully industrialized economy within a decade. He also said that the agriculture will be imperative for Bangladesh as ensuring food safety is the government’s top priority.

Director General of the World Health Organization (WHO) Tedros Adhanom remarked in his video message presented at the event where it he stated: “The dream of Bangabandhu Sheikh Mujibur Rahman, the Father of Modern Bangladesh, for the highest attainable standards of living and health for all people of his country was passed to the government of Prime Minister Sheikh Hasina”.

“Bagladesh has been identified among the fastest growing economies in the world over the past decade and has made remarkable progress in reducing poverty and improving health,” he further said.

Describing non-resident Bangladeshi businessmen as Bangladesh's representatives to the world, Bangladesh Securities and Exchange Commission Chairman Professor Shibli Rubayat-Ul-Islam urged them to work together to take Bangladesh forward. Addressing foreign investors and businessmen, he said Bangladesh is now fully prepared for large-scale investment. Come and invest in Bangladesh, he added.

BSEC has organized this series of roadshows to demonstrate Bangladesh Capital Markets and Trade & Investment opportunities globally and attract global investors and NRBs to invest in Bangladesh. After successful completion in Dubai and four major cities in the USA earlier this year, BSEC has conducted shows at Zurich and Geneva in Switzerland.

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 of Finance Abdur Rouf Talukder, Senior Secretary of the Information and Communication Technology N M Zeaul Alam PAA, Executive Chairman of BEPZA Major General Md Nazrul Islam SPP, Member of National Board of Revenue Md Alamgir Hossain along with private sector leaders among others attended the summit.