Develop infrastructure to attract foreign investment

Says British envoy

It is imperative for Bangladesh to develop overall physical infrastructure including port, rail, road and shipping communications to attract foreign investment and achieve durable economic growth, British High Commissioner Stephen Evans observed.
He also said it would not be possible to accelerate industrialisation without desired development of the energy sector, including power and gas.
The British envoy said this during a meeting with Chittagong Chamber of Commerce and Industry (CCCI) President MA Latif MP at the latter's office in the port city on Thursday evening.
Stephan Evans suggested introducing and implementing a congenial energy policy to attract foreign oil-gas exploration companies to ensure energy security.
The overall development of the country would be seriously hampered unless new gas fields are found here soon, he observed.
CCCI President MA Latif, also the local lawmaker of ruling Awami League, sought financial and technical assistance from the European Union, particularly the United Kingdom, for developing required infrastructure, including dedicated express highway, port and power plant.

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