Taskforce formed to boost FDI

The government has formed a high-powered taskforce to supervise and coordinate different works of Bangladesh Bank, Board of Investment, and Public Private Partnership Office, in a bid to boost foreign investment in the country.
The move comes at a time when foreign investors have been put off by the persistent political unrest.
The panel headed by Shaikh Md Wahid-Uz-Zaman, principal secretary to the prime minister, will work toward setting up economic zones in parts of the country as soon as possible.
It will also construct necessary infrastructures under PPP and ensure power production.
The other members of the taskforce are: governor of BB, executive chairman of Bangladesh Economic Zones Authority, additional secretary of Economic Relations Division, chief executive officer of the PPP office and a BoI member.