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Prime Minister calls on foreigners to invest in Bangladesh

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Update : Sunday, November 13, 2022

Online Desk/

Urging foreign businessmen and entrepreneurs to choose Bangladesh for investment and sourcing, Prime Minister Sheikh Hasina said Bangladesh is now the most favorable destination for investment.

He made this call as the chief guest at the opening ceremony of ‘Made in Bangladesh Week-2022’ organized by Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Sunday (November 13) morning. News bus.

He said, we are establishing 100 special economic zones across the country. As a result, Bangladesh has now become the most favorable investment and sourcing destination in the world. The country’s investment-friendly policies, along with duty-free and quota-free facilities for Bangladeshi products in various countries around the world, are attracting foreign investors.

Sheikh Hasina said, I request the country’s business leaders to welcome foreign investment. You adopt their technology, knowledge in your industry sector.

The Prime Minister said that the people of Bangladesh are the source of our courage. People are improving socio-economically and per capita income is increasing. 2 thousand 824 USD per capita income now. The purchasing power of the people of this country is also increasing. Our own market is being created.

He said that it is not only necessary to export, but also to create a market within our own country and during the Corona period, his government has done as much as possible to allocate and provide money to the grassroots. As a result, people did not cry.

The Prime Minister said, we are hearing the footsteps of the fourth industrial revolution. Those who give labor are people of my Bangladesh, we want to develop them with better training. Because now the world is moving forward with the new advent of technology due to science. So technology has to be used. We need to develop skilled human resources to suit the fourth industrial revolution. That is why the government has taken steps and is also creating entrepreneurs.

He said, we have already started working on various measures for the impact this fourth industrial revolution will have on our economy and employment. Our ready-to-wear industry has to accommodate augmented robotic technology, so we’re ready, we’re building.

The Prime Minister said that we need to inculcate this thought in people’s minds that to keep pace with the advancement of technology, we will need skilled workers at home and abroad. We are providing training for them to be proficient in technology.

He urged exporters of ready-made garments to increase production as well as increase quality of cloth and ensure labor-friendly environment.

The Prime Minister said that his politics is for the farmers, workers and hardworking people of this country. Their welfare is most important to me.

At this time, he also emphasized on utilizing the skills, qualifications and talent of our huge workforce.

In the inaugural function, the Prime Minister also unveiled the covers of two coffee table books. BGMEA has been working on this since the beginning of this year. The Prime Minister also presented special awards to 4 ready-made garment manufacturers in recognition of their special contribution to garment exports.

Prime Minister’s Advisor on Private Industry and Investment Salman F Rahman, International Apparel Federation (IAF) President Sem Altan and BGMEA Senior Vice President SM Mannan Kochi spoke on the occasion. BGMEA President Farooq Hasan delivered the welcome speech. During the event, two separate videos on the progress of the country’s garment sector and women’s empowerment were shown.

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