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No power, no investment

Sunday, 20 September 2009


THE business community is desperately trying to draw the government's attention to their demand for improving power supply. The monetary and fiscal policies announced by the government for fiscal 2009-10 should sound sweet to potential investors as they envisage tax breaks and other incentives to the private sector.
But the policies would hardly inspire the investors when power supply remains poor. Entrepreneurs are unlikely to invest in industries that cannot be run for lack of power. The industries and services that met such a fate only sent a negative signal to potential investors. Obviously the country's economic growth remains on hold with power supply remaining unchanged.
Nazir Ahmed
Tejgaon, Dhaka