Friday, 22 October, 2021

Choose Bangladesh as preferred investment destination: BGMEA president

Choose Bangladesh as preferred investment destination: BGMEA president

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has invited foreign investors, including the Bangladeshi business community living in the US, to choose Bangladesh as their preferred and ideal investment destination.

"With consistent economic growth over the past decade; a large, young and vibrant workforce; strategic location, political stability, growing infrastructure, Bangladesh has emerged as an ideal place for investment," he said while speaking at the 12th Annual Business Summit as a special guest.

The American Bangladeshi Business Alliance organised the event in New York recently, said the BGMEA Saturday.

Faruque highlighted the prospect of investment in different promising sectors, including high value-added and non-cotton textiles, spare parts, textile machinery, light engineering, ICT, leather, pharmaceuticals, ceramics and shipbuilding at the programme. 

"Bangladesh offers an investment-friendly environment, with favourable fiscal and non-fiscal policies for the foreign investors; economic zones being established, mega infrastructures developed," the BGMEA president said.

"So, I would like to encourage the US businessmen and the non-resident Bangladeshis in the US to explore Bangladesh more and make an investment," he added.