Speakers stressed the need for reforming of taxation system alongside tapping the Foreign Direct Investment (FDI) potentials in a wide range of sectors like agro processing, light engineering, non-cotton apparel, home textile, blue economy and education in the country to ensure export diversification and smooth LDC graduation.
They also suggested for extending the scope for whitening undisclosed money in the health infrastructure, economic zones and other infrastructure sectors beside the existing sectors to create more employment opportunities.The participants in the webinar on Saturday also opined that all the concerned stakeholders need to extend their all-out cooperation to the Bangladesh Investment Development Authority (BIDA) to attract more FDI in the country.
Planning Minister MA Mannan was present at a Webinar titled "FDI for Export Diversification and Smooth LDC Graduation" as the chief guest organised by the Economic Reporters Forum (ERF).
The webinar was organised as part of the ERF Webinar Series in partnership with the Asia Foundation and Research and Policy Integration for Development (RAPID).
Executive Chairman of Bangladesh Investment Development Authority (BIDA) Md Sirazul Islam spoke as special guest chaired by ERF Vice President Shafiqul Alam.
Metropolitan Chamber of Commerce and Industry (MCCI) President Barrister Nihad Kabir, Dhaka Chamber of Commerce and Industry (DCCI) President Rizwan Rahman and Apex Footwear Managing Director Syed NasimManzur spoke as the panelists.
RAPID Executive Director and Dhaka University Professor of Development Studies Dr M Abu Yusuf and Country Representative of the Asia Foundation Kazi Faisal Bin Seraj gave the welcome addresses.RAPID Chairman and Policy Research Institute (PRI) Director Dr Mohammad Abdur Razzaque made the key-note presentation while ERF general secretary SM Rashidul Islam moderated the function through virtual platform.