Foreign investment to get a boost soon: Barua
Wednesday, 25 February 2009
Industries Minister Dilip Barua Tuesday expressed the hope that the volume of foreign investment in Bangladesh would mark a rise as an investment-friendly environment is prevailing in the country right now, reports UNB.
"Right now, you know, a favourable environment is prevailing for investment. So, I think foreign investment will increase here soon, and to make that happen we need to ensure energy security," he said.
Dilip Barua expressed the high hope while talking to journalists after a meeting with the US Ambassador James F Moriarty at his office Tuesday morning.
The minister said the government is working to make Bangladesh a middle-income country by 2021 and is ready to formulate a coordinated industrial policy to ensure countrywide industrialisation through chalking out short, medium and long-term plans.
He informed the US Ambassador that the industrial policy would be made suitable both for local and foreign investors. He requested the US envoy to increase the import volume of jute products, readymade garments, handicraft, plastic products, furniture, leather goods, ceramic and drug from Bangladesh.
"Right now, you know, a favourable environment is prevailing for investment. So, I think foreign investment will increase here soon, and to make that happen we need to ensure energy security," he said.
Dilip Barua expressed the high hope while talking to journalists after a meeting with the US Ambassador James F Moriarty at his office Tuesday morning.
The minister said the government is working to make Bangladesh a middle-income country by 2021 and is ready to formulate a coordinated industrial policy to ensure countrywide industrialisation through chalking out short, medium and long-term plans.
He informed the US Ambassador that the industrial policy would be made suitable both for local and foreign investors. He requested the US envoy to increase the import volume of jute products, readymade garments, handicraft, plastic products, furniture, leather goods, ceramic and drug from Bangladesh.