Hasina seeks more investment from Singapore

Prime Minister Sheikh Hasina yesterday sought more investment from Singapore in Bangladesh's textile, power generation, tourism, infrastructure, oil and gas exploration, high-tech industries, hotels and holiday resorts.
The prime minister made the request when Singaporean High Commissioner to Bangladesh Chan Heng Wing met her at her office.
Hasina mentioned that Singapore is one of the top 10 investors in Bangladesh as its overall investment stood at $700 million in 2010.
She also urged Singapore to establish joint-venture manpower training institutes in Bangladesh.
Hasina said Singapore is the fifth largest destination of skilled and unskilled workers of Bangladesh for its shipbuilding sector as around 5,000 workers go to Singapore a month.
After the meeting, Press Secretary to the Prime Minister Abul Kalam Azad briefed newsmen about its outcome.
Hasina also thanked Singapore for training Bangladesh's government, police and defence officials.
Referring to several agreements between the two countries, including promotion and protection of investments, air services, avoidance of double taxation and protocol on regular consultations between the two foreign ministries, Hasina hoped that the bilateral relations would be cemented further in the days to come.
The Singaporean envoy appreciated the role of the expatriate Bangladeshis as they are making significant contribution to their economy.
The envoy informed Hasina that Bangladeshi workers are very sincere and honest, and they are playing a vital role in overall development of Singapore.
Chan also informed that a private airline is going to introduce low-cost flights between Singapore and Dhaka.