"Unless the manufacturing industry develops, there will be no job creation and without jobs there will be no income generation," he told a dialogue.

Refugee & Migratory Movements Research Unit (RMMRU) of Dhaka University organised the dialogue titled 'Opportunities and Challenges of NRB Investment: Experiences of the Nandan Group' in collaboration with British Council.

Manufacturing has become an important sector in the economy, although it is mainly based on agriculture, he noted.

Rahman, also executive chairman of Board of Investment, said despite political volatility the country has made notable economic growth over the last few years.

Lauding Nandan Group's initiative, he said the NRBs should take initiatives to do business in the country and contribute to economy.

Nandan Group Chairman Masrur Choudhury said Nandan Group is an initiative of a group of NRBs.

He said the country has some problems such as law and order, but at the same time there are solutions as well.

Managing Director of The City Bank Abbas Uddin Ahmed urged the government to give more incentives to the NRBs so that they are inspired to send remittance through official channels.

British Council Director June Rollinson, British High Commission official Helen de Gier, RMMRU Coordinator CR Abrar also spoke at the dialogue moderated by RMMRU Chairperson Tasneem Siddiqui.