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Bangladesh a lucrative destination for investment: PM Hasina

 Published: 15:16, 27 May 2024

Bangladesh a lucrative destination for investment: PM Hasina

Bangladesh's Premier Sheikh Hasina today sought support of the United States businessmen in Bangladesh's journey to become a developed and smart country by 2041.

'I invite you to join us as partners in our journey toward a developed, prosperous, and smart Bangladesh by 2041,' she stated during a meeting with a delegation from the US-Bangladesh Business Council at her official residence, Gono Bhaban.
Highlighting Bangladesh's goal to transform into a 'Smart Nation' by 2041, she emphasized the need for support in enhancing global competitiveness and expanding the country's export base.
She noted that Bangladesh is set to graduate from a 'least developed' to a 'developing' country by 2026.
Reflecting on the country's significant socio-economic progress over the past 15 years, Hasina reaffirmed her government's commitment to realizing the vision of the nation's founding father, Bangabandhu Sheikh Mujibur Rahman, for a prosperous Bangladesh.
'Bangladesh is now globally recognized as a model of socio-economic development,' she remarked.
Hasina underscored the longstanding economic and developmental partnership with the United States, highlighting the extensive cooperation in trade and investment.
'Our common goal is to achieve mutual benefit and prosperity for our people, which is evident in our increasing bilateral trade and people-to-people connections,' she added.
She pointed out that the US is the largest single-country destination for Bangladeshi exports, the biggest source of foreign direct investment, and a key provider of knowledge and technology.
Expressing optimism, she predicted that this economic collaboration will grow stronger in the future.
Sheikh Hasina also mentioned the World Economic Forum's recognition of Bangladesh as the top South Asian nation in women's empowerment and among the top 10 globally in political empowerment of women.
With a market of 170 million people, and its strategic location at the heart of a market of 3 billion, Bangladesh presents a lucrative opportunity for investment, she said.

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