by Staff Correspondent,

Dhaka – Bangladeshi government has been working on preparing the South Asian country to be communication hub to bridge the East and the West, taking its geo-political location into consideration.

“Bangladesh could be a bridge between the East and the West. We are developing Bangladesh in that way,” Prime Minister Sheikh Hasina said on Sunday inaugurating a major infrastructure of Bangladesh Investment Development Authority (BIDA) to encourage more local and foreign investment.

The multi-storey “Investment Building” would be used as the offices of three agencies –BIDA, the Bangladesh Economic Zones Authority (BEZA) and the National Skills Development Authority (NSDA).

The Prime Minister said the very geopolitical location is in favour of Bangladesh and that is why her government was constructing necessary infrastructures – roads, seaports and airports – to tap the business potential of South Asian market of 300 crore people and beyond.    

“I hope this forward march of Bangladesh will continue,” Hasina said urging people to invest more in Bangladesh to make her vision of turning the country to be a prosperous one by 2041.

Bangladesh will progress further through both local and foreign investment, she said adding that the government has established communication with the neighbouring countries including Bhutan, Nepal, India, Thailand and Myanmar as Bangladesh is geographically located in a good position.

An international airport is being constructed in Cox’s Bazar, besides establishing direct rail communication with Dhaka and developing road links, she said.

The government is setting up hi-tech parks and incubation centres where people are getting training and this is a huge place of investment. 

She opined that agriculture and ICT are very important for Bangladesh. “Our children are very meritorious and they learn so quickly. You (businessman) have to utilise it.”

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