PM invites more UAE investment
Prime Minister Sheikh Hasina yesterday called upon UAE entrepreneurs to invest more in Bangladesh's potential sectors taking the advantage of its investment-friendly environment.
The premier made the call while addressing the signing ceremony of a memorandum of understanding (MoU) between Federation of Bangladesh Chambers of Commerce and Industry (FBBCI) and UAE Foreign Chamber of Commerce and Industry (FCCI) at Hotel Rotana Beach.
FBCCI President AK Azad and FCCI Secretary General Abdullah Sultan signed the MoU on behalf of their respective sides.
The prime minister witnessed the signing ceremony.
Hasina said both local and foreign investors could avail of the investment opportunity in Bangladesh as the government has offered various incentives for them.
"The government has announced tax holiday for foreign investors, while the labour is very cheap in Bangladesh in comparison to other countries of the region," she added.
The PM said the domestic market in Bangladesh is huge as there are 160 million people in the country which can attract more foreign investment.
"The government would extend all sorts of cooperation to the entrepreneurs so that they can invest in Bangladesh in a bigger way," the premier said.
BAN MEETS HASINA
UNB adds: UN Secretary General Ban Ki-moon has expressed his satisfaction for Bangladesh's progress towards achieving of the MDGs.
Ban Ki-moon expressed this while paying a courtesy call on Prime Minister Sheikh Hasina at the Hotel Emirates Palace yesterday.
He also praised the government's efforts at facing the adverse impacts of climate change and the contribution of Bangladeshi contingents in UN peacekeeping missions across the globe.
Press Secretary to the PM Abul Kalam Azad briefed reporters after the meeting.
The PM is on a four-day official visit to attend the fourth World Future Energy Summit (WFES) 2011 in UAE.
The UN Secretary General gladly accepted Bangladesh's offer of committing more forces to the UN peacekeeping missions.
Bangladeshi peacekeepers are “very much cordial” about their duties, and “contribute a lot” to the missions, he mentioned.
Bangladesh is the largest contributor, in terms of troop numbers, to UN peacekeeping, concentrated mostly in war-torn African states.
Ban Ki-moon also praised the initiatives taken by the government for the socioeconomic development of the people.
Foreign Minister Dipu Moni, Ambassador-at-Large M Ziauddin and Principal Secretary MA Karim were, among others, present at the meeting.