Bangladesh to bridge East, West for expanding business

It is time to diversify our export basket

Published : 27 Oct 2021 08:31 PM | Updated : 28 Oct 2021 03:39 PM

We believe our country will be the centre of communications and business for the entire world soon. Once upon a time Hong Kong, Singapore and Bangkok were important for doing business. And now Bangladesh would be the next most important place for the entire world for doing business.

We believe after completing the ongoing mega projects like deep sea ports, modern railway connectivity, communication net work and upgradation and expansion of international and domestic airports including the Cox’s Bazar, Bangladesh will the most comfortable place for the foreigners travelling from the East to West or the West to East and doing business here.

The communication networks are being built all over the country through improving water, rail, road and airways. Apart from Hazrat Shahjalal International Airport, Chattogram and Sylhet airports have also been turned into international ones while work is going on for another international airport in tourist hub Cox's Bazar. 

Bangladesh would be the next 

most important place for the entire 

world for doing business

Read More: Bangladesh a role model in disaster management 

The government is developing Syedpur Airport as a regional one so that the neighbouring countries can also use it. The government is also working to improve Chattogram sea port, Mongla port and a new Payra port which will be developed as a deep sea port in future. Extensive development work is also being done at Maheshkhali in Cox's Bazar centring the new sea port, which will also turn into a deep sea port in future. Besides, the establishment of 97 economic zones has been approved till June 2021, of which nine economic zones are in production while development work is underway in 28 economic zones.

The foreign businessmen who come to invest here would get the opportunity to avail the market of South and Southeast Asia as Bangladesh will make a bridge between east and west for expanding business, Prime Minister Sheikh Hasina on Tuesday said while inaugurating the weeklong “Bangladesh Trade and Investment Summit-2021”.

We hope new doors of Bangladeshi products will open in the world market and the country will be managed to attract the desired investment along with increasing exports. In this regard, Bangladesh needs massive investments especially in Infrastructure (Physical, logistics and Energy), IT/ITES and FINTECH, Leather goods, Pharmaceuticals, Automotive and Light Engineering, Plastic products, Agro and Food Processing, Jute and Textiles and FMCG (Fast-moving consumer goods) and retail business. We believe local and foreign industrial entrepreneurs, traders and investors will get interested to invest in Bangladesh.