Increased investment crucial for a developed Bangladesh

It is crucial to increase investment at marginal level alongside the macro level to achieve the country's economic goal to establish a developed Bangladesh, observed participants at a workshop.
The workshop with participation of the additional deputy commissioners was held at the Biniyog Bhaban in the city's Agargaon area on Sunday.
Bangladesh Investment Development Authority (BIDA) organised the event with support of United Nations Development Programme (UNDP), says a statement.
BIDA Executive Chairman Lokman Hossain Miah attended it as the chief guest while UNDP Deputy Resident Representative Van Nguyen was present as special guest with BIDA member Mohsina Yasmin in the chair.
BIDA chairman said the Prime Minister has presented the vision of a developed Smart Bangladesh before the people.
"Also, to establish a developed Bangladesh, there is no alternative to increasing marginal investment at the district and upazila levels," he said.
Although Bangladesh is a small country, its agricultural production is huge, he said adding: "So we need to encourage investors to develop our agro-based industry."
He also said public servants working in the district administration have to play a pivotal role in boosting up the local investment.
Mohsina Yasmin said the government has already established an Investment Front Desk in each Deputy Commissioner's office in the country to increase investment across the country so that investors can easily avail investment-related services.
In addition to the BIDA, representatives from different investment promotion agencies including Bangladesh Economic Zones Authority (BEZA) and Bangladesh Hi-Tech Park Authority (BHTPA) also apprised the administrators of the investment-related activities.

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