The Board of Investment (BoI) is going to organise the International Investors' Fair-2015 in November this year in Dhaka with a view to attracting local and foreign investments.
Prime Minister Sheikh Hasina is expected to open the three- day fair, first of its kind, where investment opportunities and incentives offering to the investors will be highlighted.
Last year, the BoI organised the International Investment Forum-2014, which was attended by over 600 investors from home and abroad.
BoI, the government investment agency, will organise the fair on November 21-23, 2015, in collaboration with International Finance Corporation (IFC) of the World Bank.
This will be a platform for foreign and local investors to exchange investment ideas, find opportunities and initiate new projects in key sectors aimed at increasing intra-regional investment flows in South and South East Asia, official sources said.
The fair will highlight latest improvements in Bangladesh's enabling business climate and showcase opportunities in areas, among others, human resources, light engineering and automobiles, health sector, capital market, power, ship-building, plastic, electric and electronic, economic zone, PPP and infrastructure.
"Our prime objective is to encourage local and foreign investment. We have a plan to give participating investors a clear idea about our investment climate and facilities," said BoI Joint Secretary Tauhidur Rahman Khan.
The local and foreign investors will have an opportunity to exchange ideas with a view to increasing intra-regional investment flows in South and East Asia, he said, adding that opportunities in sectors such as light engineering, power, agro-based industry and communication infrastructure will be highlighted in the forum. BoI expects about 150 local and about100 foreign participant booths on infrastructure, manufacturing, assembling of various sectors and 30 government- agency booths for displaying investment opportunity in Bangladesh.
Asked about commitments of foreign investments, officials declined to say anything. They, however, hoped more than US$ 600 million FDI in manufacturing sector and the amount, they said, might exceed several billions if they could attract some developers for Economic Zones.
The government plans to create jobs for 10 million people by setting up 100 economic zones within the next 15 years. Of them, 30 public and private economic zones will be set up in different parts of the country to accommodate foreign investment.
mzrbd@yahoo.com
BoI to organise int’l investors’ fair in Nov
Ziaur Rahman | Published: June 23, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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