Bangladesh is poised to be a regional hub of investment: PM Hasina
Bangladesh`s Premier Sheikh Hasina said Bangladesh is going to be a regional hub for investment, industrialisation and export due to the government`s pragmatic policies, calling for more Japanese investment in larger volumes.
`With our pragmatic policies and vision, Bangladesh is guaranteed to emerge as a regional hub for investment, industrialisation and exports to diverse destinations in the region and beyond,` Prime Minister said while launching the Bangladesh Investment Summit in Tokyo on Thursday.
Mentioning that returns on investment in Bangladesh have been consistently high, PM Hasina said, `Bangladesh`s business-friendly fiscal and non-fiscal policies and incentives, stable democracy, prudent governance and leadership guarantees foreign investment will return good value.`
`We can confidently assure you that Bangladesh ensures a solid future for global investors. We thus welcome all investors from all over the world and Japan in particular to see the opportunities for investment in Bangladesh,` Bangladesh`s Premier said.
The prime minister said Bangladesh is a country of 170 million people which is itself a growing market while its location in the heart of a bigger market of nearly three billion consumers, provides a huge attraction for business expansion.
The HSBC Global Research Projection report indicates that Bangladesh is expected to become the 9th largest consumer market globally by 2030 overtaking the United Kingdom and Germany, Sheikh Hasina said.
Bangladesh has maintained its economic growth and achieved 7.1% GDP growth in the fiscal year 2021-2022. Despite the Ukraine war, we are projecting 6.5% growth during the current fiscal year,` Hasina said
Prime minister said Bangladesh has a high-level joint platform like Public Private Joint Economic Dialogue, especially for facilitating Japanese investors in Bangladesh.
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