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PM invites US businesses to invest in Bangladesh

Tuesday, 28 May 2024


Prime Minister Sheikh Hasina on Monday extended an invitation to US business leaders to explore business opportunities in Bangladesh and partner with the country in its journey towards becoming a developed, prosperous, and smart nation by 2041, reports UNB.
"I invite you to invest in our many vibrant and high-potential sectors, such as renewable energy, shipbuilding, automobiles, pharmaceuticals, light and heavy machinery, chemical fertilizers, ICT, marine resources, and medical equipment, among others," she said.
The Prime Minister said this during her opening speech at a meeting with the US-Bangladesh Business Council at her official residence, Ganabhaban.
She expressed optimism that economic engagement through the US-Bangladesh Business Council would deepen in the coming days. "The United States will become our long-term partner in achieving our development goals through trade, investment, technology transfer, and by creating a smooth and predictable supply chain for mutual benefits," she added.
Sheikh Hasina hoped that the US-Bangladesh Business Council would continue to play a significant role in advancing trade and investment cooperation between the two friendly countries.
"Our focus is now on promoting economic and commercial relations with not only regional but also global partners, including the United States," she said.
Highlighting the government's accomplishments over the last 15 years, she mentioned several mega-infrastructure projects such as the Padma Bridge, metro rail in Dhaka, the Karnaphuli River tunnel, expressway, a modern international airport in Dhaka, and power plants.
Sheikh Hasina also highlighted Bangladesh's upcoming transition from a "least developed" to a "developing" country in 2026.
"We aspire to become a 'Smart Nation' by 2041. Here, we need your support in increasing our global competitiveness and expanding our export base."
The Prime Minister acknowledged the United States as a major economic and development partner for decades, with intensive engagements in many areas, particularly trade and investment.
"Our shared aim is to achieve mutual benefit and prosperity for our people. This is manifested in our growing bilateral trade and people-to-people interaction," she said.