by Staff Correspondent, Dhaka – Prime Minister Sheikh Hasina has sought more investment from the Commonwealth nations to draw market of more than three billion people in the region.
The Prime Minister made the call while inaugurating a two-day Commonwealth Trade and Investment Forum- 2023 organized in Dhaka. on Wednesday
She said Bangladesh is geographically at the center of a market of three billion people, and her Bangladesh has a population size of more than 170 million.
“We’re looking forward to building long-term, meaningful relations with countries and investors who are willing to contribute to the development of Bangladesh and other Commonwealth countries through this forum,” she said.
“I earnestly believe that you will be with us,” Hasina added
The Prime Minister said that the number of affluent population would be stand at 35 million at the end of 2030 in Bangladesh, which is predicted to be the third largest market in the world at that time.
She said Bangladesh needs development partners to help reach its goal. “We need more high-quality and sustainable investment to accelerate the economic progress of Bangladesh,” added Hasina.
She said as a prerequisite for investment promotion, her government prioritized organizational reforms, the formation of the Bangladesh Investment Development Authority (BIDA) and the Bangladesh Economic Zones Authority (BEZA), which are offering attractive facilities for investors, and ensuring post-investment services.
Hasina said that almost all sectors are open for investment in the rapidly growing economy of Bangladesh.
The Prime Minister, however, emphasized more investment in agricultural goods and food processing, leather and leather goods processing, medical equipment, automobiles and shipbuilding, and ICT.