DCCI panel to hunt for investment from abroad

Buoyed by a steady flow of inward remittances, Dhaka Chamber of Commerce and Industry seeks to bring in more investments from non-resident Bangladeshis abroad to help take economic growth to double digits by 2021.
Remittance inflows grew about 17 percent to $11.11 billion year on year in July-March, according to data from Bangladesh Bank. The country received $12 billion in remittance in fiscal 2011-12.
Non-resident Bangladeshis are keen to invest in Bangladesh, said Md Sabur Khan, president of Dhaka Chamber of Commerce and Industry.
A 14-member panel of DCCI will visit Middle-Eastern nations such as Qatar, United Arab Emirates and Bahrain to attract investments from NRBs, he said.
The DCCI is going to organise a conference on the roles of NRBs in positioning Bangladesh, in Dhaka in September, Khan said.
“We have plans to engage them in ICT, hotel and tourism, foods, pharma, mechanical technology, sales and marketing, tailoring, handicraft, driving, security and maintenance sectors to accelerate remittance and investment,” he said.
“The DCCI took an initiative to honour the highest remittance sender to boost remittance as we requested the finance minister and Bangladesh Bank to issue certificates of honour to the NRBs,” Khan said.
Top leaders of DCCI yesterday met with Expatriates' Welfare and Overseas Employment Minister Engineer Khandker Mosharraf Hossain.
“The government is going to brand Bangladesh as we have gone for executing a government-to-government agreement with Malaysia,” Hossain said.
The government has fixed Tk 40,000 in migrating costs to Malaysia per person under state arrangements. Private recruiters usually charge a job seeker Tk 250,000 to Tk 300,000.
“We have no conflict with Bangladesh Association of International Recruiting Agencies.”