New industrial policy soon to attract local and foreign investors: Dilip
Friday, 6 November 2009
Industries Minister Dilip Barua Thursday invited the Japanese investors to invest in Bangladesh's prospective sectors like textiles, leather goods, food processing and real estate, reports UNB.
"We will welcome the Japanese investors if they invest their capital in the country. We can ensure that all facilities will be provided to the Japanese companies," he said while exchanging views with a Japanese business delegation.
The 23-member Japanese business delegation led by Kiyoshi Omori, who are here looking for business and investment prospects, called on the Industries Minister at his office Thursday.
Mentioning the business agreement between Bangladesh and Japan, signed in 1998, the minister said Japanese companies can invest in the aforesaid sectors availing generous facilities for foreign investors. Japan can also help by transferring their technology to Bangladesh in building an envisioned digital Bangladesh by 2021.
"We will try our level best to ensure security for the foreign investors and their capital in Bangladesh. Japanese companies can invest as Bangladesh might be the best location for future production due to very low-cost and available labour force of the country," he said.
Dilip Barua said the government was going to announce a new industrial policy to attract local and foreign investors to invest their capital and creating a more industry-friendly atmosphere in the country.
"Bangladesh is a unique place for the foreign investors as there is no political instability here now and an industry-friendly atmosphere is prevailing in the country. Foreign investors can invest their capital and earn profit easily," he said.
"We will welcome the Japanese investors if they invest their capital in the country. We can ensure that all facilities will be provided to the Japanese companies," he said while exchanging views with a Japanese business delegation.
The 23-member Japanese business delegation led by Kiyoshi Omori, who are here looking for business and investment prospects, called on the Industries Minister at his office Thursday.
Mentioning the business agreement between Bangladesh and Japan, signed in 1998, the minister said Japanese companies can invest in the aforesaid sectors availing generous facilities for foreign investors. Japan can also help by transferring their technology to Bangladesh in building an envisioned digital Bangladesh by 2021.
"We will try our level best to ensure security for the foreign investors and their capital in Bangladesh. Japanese companies can invest as Bangladesh might be the best location for future production due to very low-cost and available labour force of the country," he said.
Dilip Barua said the government was going to announce a new industrial policy to attract local and foreign investors to invest their capital and creating a more industry-friendly atmosphere in the country.
"Bangladesh is a unique place for the foreign investors as there is no political instability here now and an industry-friendly atmosphere is prevailing in the country. Foreign investors can invest their capital and earn profit easily," he said.