Adviser urges expats to avail of govt-offered special privilege


FE Team | Published: July 15, 2007 00:00:00 | Updated: February 01, 2018 00:00:00


Foreign Adviser Iftekhar Ahmed Chowdhury held out government offer of special privilege for investment back in the country by Bangladeshi expatriates, reports UNB.
"For this purpose, a 'Special Economic Zone' is being established. Land acquisition is already under process to build this economic zone in Sylhet," he said this while addressing the concluding function of International Food Festival at Dhaka Regency Hotel Friday night.
Welcoming the entrepreneurs of the Regency Hotel, established with investment from Bangladeshi expatriates in the UK, the foreign adviser said Bangladeshi expatriates always give response towards the country's needs.
"They (expatriates) are playing an important role in the country's economic development with their expertise and skills, besides sending huge amounts of foreign exchange," he told the function.
The adviser said the present caretaker government wants to establish their economic bonds with the country by attracting second and third generation expatriates towards their motherland.
He noted that this relationship would bolster through the investment of their money back in the country, and the initiative has been taken to establish the special economic zone with this end in view.
Former secretary and ambassador Sabihuddin Ahmed and Managing Director of the hotel Kabir Reza also spoke on the occasion.

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