Amu invites Indian entrepreneurs to invest in SEZs

FE Team | Published: December 23, 2017 22:19:43

Industries Minister Amir Hossain Amu has invited Indian entrepreneurs to invest in Special Economic Zones (SEZs) as the government is providing all necessary support to run businesses smoothly and make profit.
"The government of Bangladesh is setting up 100 SEZs for foreign and local investment. The investors of India especially North Eastern region may take advantage of the attractive package of incentives offered by the government in the economic zones," he said while inaugurating the "30th Industrial Indian Trade Fair (IITF) in Kolkata, the capital of India's West Bengal state, on Friday, reports BSS.
Bengal National Chamber of Commerce and Industry (BNCCI), the oldest Chamber of Commerce in India, organised the fair aiming to expand trade and business in eastern and north-eastern regions of India, said a press release in Dhaka.
In recent time, Amu said, there have been some forward-looking steps taken by both the Bangladesh and Indian governments regarding connectivity encompassing transit and trans-shipment facilities in India, particularly as an aftermath of Bangladesh prime minister's visit to India and Indian prime minister's visit to Bangladesh.
"This scribe feels that the relations between the two countries are headed for better times, and both have entered a dynamic phase of mutual cooperation, which has been triggered off by the dynamic leaderships of the prime ministers of both the countries," he said.
He added that there are also immense possibilities of investment and expansion of trade for Bangladeshi entrepreneurs in the trillion dollar economy of India, which has recently removed the barriers for Bangladeshi investments there.
"Meantime Bangladeshi renowned entrepreneur - PRAN RFL - has come forward and started implementing their investment plans in Tripura keeping an eye on the markets in its neighboring states," he said adding that he is sure some other prospective entrepreneurs from Bangladesh will certainly follow the path of PRAN RFL.
He expressed his confidence that this Industrial Trade Fair will be an effective podium for all the stakeholders of participating countries, including global minds, experts, policymakers, brands and suppliers, under the one roof where they would share their thoughts and expertise.