Sheikh Hasina invites Indian companies to invest in Bangladesh.
New Delhi, Sep 8 (PTI) Bangladesh Prime Minister Sheikh Hasina has invited Indian companies to invest in Bangladesh’s infrastructure projects, manufacturing, power and transport sectors.
During her four-day visit to India, Hasina on Wednesday invited Indian investors to invest in Bangladesh while attending an event organized by the Confederation of Indian Industry (CII).
During this, the Bangladesh Prime Minister said, “Bangladesh is located at a very special place for exporting its products to Northeast India, Bhutan and Southeast Asian countries. Several steps have been taken to increase connectivity.
“I would request Indian investors to consider investment opportunities in infrastructure projects, manufacturing, energy and transportation sectors,” she said during her meeting with CEOs of select companies. Indian investors and business houses can set up industries in Bangladesh through ‘buy-back’ arrangements, which will also reduce time, cost and resources.”
Along with this, he said that Bangladesh is geographically located in such a special place that Indian investors can send their products made there to Nepal, Bhutan and Southeast Asian countries apart from Northeast India.
He emphasized that Bangladesh has the most liberal investment regime in the region. “At present, 100 Special Economic Zones (SEZs) and 28 Hi-Tech Parks are being set up which will encourage industry, employment, production and exports,” he said.
The Bangladesh Prime Minister said, “I would request the business houses present here to invest there. This will pave the way for enhancing goodwill between the two countries with friendly relations and bringing economic prosperity to the region.”
Speaking on the occasion, G Kishan Reddy, Minister for Development of North Eastern Region, Tourism and Culture said that there has been a tremendous boom in bilateral trade in recent times. “Exports from Bangladesh to India have crossed $2 billion for the first time this year. Now India is the biggest investment destination in Asia for Bangladesh.
