Invest more in Bangladesh: Ministers urge businesses at investment summit

Foreign and commerce ministers have urged the local and foreign entrepreneurs to invest more in Bangladesh now to take benefit of the country's existing business and investment-friendly environment.

They made the call today in the inaugural ceremony of Bangladesh Trade and Investment Summit 2021 jointly organised by the commerce ministry and Dhaka Chamber of Commerce and Industry (DCCI) at Bangabandhu International Conference Centre in the city.

"Bangladesh is a business- and investment-friendly nation, as we are providing the foreign investors with more opportunities than other countries," said Foreign Minister AK Abdul Momen.

"I invite investors to invest more in our country."

Prime Minister Sheikh Hasina inaugurated the weeklong virtual international summit from her official residence in Gono Bhaban.

Momen also said Bangladesh significantly progressed in agriculture and energy sectors. The government has ensured continuous supply of power and energy across the country, he said.

Bangladesh will be 26th biggest economy in the world by 2030, the minister said.

Commerce Minister Tipu Munshi said Bangladesh is one of the fastest growing economy in the world.

"We provide more trade and investment facilities for all compared to any other country."

The government has taken many steps to develop infrastructure, he said. "We are setting up 100 economic zones to promote private investment."

DCCI President Rizwan Rahman gave welcome remarks while Federation of Bangladesh Chambers of Commerce and Industry President Md Jashim Uddin and Prime Minister's Private Industry and Investment Adviser Salman F Rahman, among others, were also present.