The government now sets sights high on US$ 1.0 trillion investment for elevating Bangladesh to a developed nation. To this end, an international projection will be arranged in Dhaka this month.
Dhaka Chamber of Commerce and Industry (DCCI) will organise the seminar titled 'New Economic Thinking for Bangladesh: 2030 and Beyond' on December 21, sources in the business circles said.
Prime Minster Sheikh Hasina will inaugurate the event. There will be five sessions apart from the opening and concluding plenary.
Several hundred people, including ministers, entrepreneurs, economists, consultants, researchers from developed and emerging markets, will deliver their thoughtful perceptions on changing dynamics of South Asian Association for Regional Cooperation (SAARC), European Union (EU), Association of South East Asian Nations (ASEAN) and North American Free Trade Agreement (NAFTA) and in particular on Bangladesh future.
They (international dignitaries) will share their thoughtful and innovative ideas with the local businesspeople and government officials.
They will also share their perceptions on practical solutions for sustainable development through global innovative efforts.
Besides, representatives from leading companies, venture-capital firms, academic institutions and non-governmental organisations (NGOs) from around the globe are expected to join the investment-promotion event.
The five sessions are: Bangladesh's Energy Economy, Water and Land Resource Management-Sustainability and Environment Impact, Era of Infrastructure: Bangladesh Context, Sustainable Development Goals (SDGs) 2030 and the Next Billion Dollar Opportunities in Bangladesh.
The seminar will come up with a 'national action plan' with the recommendations of experts for achieving a long-lasting economic development.
World economic growth is hovering around 3.0 to 3.5 per cent (1.5 per cent growth by Europe, 2.4 per cent by USA, 3.4 per cent by Sub-Saharan economies and around five (5.0) per cent by Asian economies).
"Bangladesh has managed a steady ascending curve in growth over the last two decades, which now stands at 7.11 per cent," according to the DCCI.
Bangladesh is projected to graduate to a middle-income country (MIC) by 2021 featured by eight (8) per cent gross domestic product (GDP) growth, 34 per cent private investment and 31 per cent industrial growth.
The country could be 30th-largest economy by 2030, having a double-digit economic growth and $6,000 per-capita income, and is likely to join the club of developed economies by 2041 through a glorious paradigm shift from conventional economy.
President of DCCI Hossain Khaled said Bangladesh is moving forward with the improvement of quality of life and other perspectives.
"The seminar will help us to counter the obstacles in our economic advancement. Our vision is ambitious, which is to reshape the path of economic growth," he said.
"Thoughtful deliberations of outstanding individuals from around the globe will help contribute to national economic policy reforms and set realistic action plan that will lift Bangladesh to the ranks of developed economies within the next 30 years," he said.
Group President of GIC, Singapore, Lim Siong Guan, British Parliament member Rushan Ara Ali, Columbia University Professor Jeffrey D Sachs, country manager for Bangladesh, Bhutan and Nepal, the International Finance Corporation, the World Bank Group, Wendy Jo Werner, Senior Project Manager, Gate 21, Denmark, Anders Hasselager, Head of Business Development, ME SOLshare Ltd, Bangladesh Daniel Ciganovic, Professor, Water Diplomacy, The Fletcher School of Law and Diplomacy Shafiqul Islam, University of Paris XII Professor Remy Prudhomme, Director of Suez Branch Jean Claude Seropian and senior representative of Japan International Cooperation Agency (JICA), Bangladesh office, Taku Yamabe are among the dignitaries to participate in the upcoming international visionary seminar.
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