'BD to become manufacturing hub'

Commerce Minister Tipu Munshi said in Kunming (Yunnan), China on Wednesday that the government is putting in efforts to turn Bangladesh into an important manufacturing hub in Asia and urged the countries, including China, to avail themselves of the massive investment opportunities. "Bangladesh is now considered as a miracle of development. It has become one of the fastest growing economies in the world," he told a global audience at the inaugural ceremony of a grand trade and investment fair. China wants to impress the world with a practical move to serve and integrate into the 'Belt and Road' through the 2019 South and Southeast Asia Commodity Expo and Investment Fair (SSACEIF). The mega expo will continue till June 18. The Commerce Minister said the foreign investors can take the advantage of investment in Bangladesh in a number of sectors like shipbuilding, agro-processing, ICT, infrastructure development and tourism. — UNB