Tuesday, November 28, 2023
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PM urges all to make investment in country

PM urges all to make investment in country Reported by Rexo News:

Prime Minister Sheikh Hasina today called upon all to make investments in the country for building a developed Bangladesh.
“Please everyone make investments (in the country). It will not only bring benefit for yourself, but also for the country,” she said.
The premier made the call while inaugurating the newly constructed “Biniyog Bhaban” (Investment Building) of Bangladesh Investment Development Authority (BIDA) as chief guest in the city’s Agargaon area.
The multi-storey Investment Building would be used as the offices of three agencies –BIDA, the Bangladesh Economic Zones Authority (BEZA) and the National Skills Development Authority (NSDA).
The Prime Minister laid emphasis on expansion of the export basket incorporating new export items alongside exploring new markets.  
“Bangladesh will progress further through both local and foreign investment, and Bangladesh will be a developed country by 2041,” she said.
Mentioning that the main target of her government is to develop the people at the grassroots level, she said “Their purchasing power is increasing, their per capita income is increasing and in this case, our own market is being created.”
In this connection, she also said that the government has established communication with the neighbouring countries including Bhutan, Nepal, India, Thailand and Myanmar as Bangladesh is geographically located in a good position.
She noted that South Asia is a market of 300 crore people and anyone can take the advantage of it.
Sheikh Hasina mentioned that an international airport is being constructed in Cox’s Bazar, besides establishing direct rail communication with Dhaka and developing roads.
“Bangladesh could be a bridge between the East and the West. We are developing Bangladesh in that way,” she said.

She said the geopolitical location is in favour of Bangladesh and that is why the government is establishing a deep sea port in Matarbari, the development of Payra port alongside Chattogram and Mongla ports is going on and the Bay terminal is being built along with other facilities.
“I hope this forward march of Bangladesh will continue,” she added.
The Prime Minister urged all businessmen to work with confidence as the government will build a smart Bangladesh where people will be smart, economy will be smart, business will be smart and all the works will be done digitally.  
She said the government is setting up hi-tech parks and incubation centres where people are getting training and this is a huge place of investment.  
She opined that agriculture and ICT are very important for Bangladesh. “Our children are very meritorious and they learn so quickly. You (businessman) have to utilise it.”  
The Prime Minister mentioned that her government has provided cent percent electricity across the country.  She, however, said the users should pay the actual cost to avail themselves of gas and electricity supply.
“The gas and electricity supply can be given if all agree to pay the purchasing costs. How much subsidy can be given to it? And why should we give subsidies to it?” she said, adding that the government is providing subsidies to agriculture and food production in the greater interest of the common people.   
The premier said the production cost of per kilowatt electricity is Taka 12, but its price is only Taka 6. Despite this, the government is criticised for this electricity tariff, she said.
In England, the electricity price has been increased by 150 percent. “We’ve not reached this stage (such a worse situation) yet,” she said.
Sheikh Hasina urged the country’s people to make investments in a larger way in the food and agro-processing industry, particularly in the 100 economic zones, now being developed throughout the country.
She said there is high demand for food in the world due to the Covid-19 pandemic and the ongoing war. The food prices soared significantly, she said.   
With Prime Minister’s Private Industry and Investment Adviser Salman F Rahman, MP, in the chair, BIDA Executive Chairman Lokman Hossain Miah delivered the welcome address.  
Principal Secretary to the Prime Minister M Tofazzel Hossain Miah was also present, among others.

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