‘Countrymen firm to achieve impossible’
24 January 2016, Nirapad News: Prime Minister Sheikh Hasina said the nation is now firmer and more confident in achieving any tougher target by facing all kinds of hurdle.
‘Bangladesh is now completely a changed country in comparison with the situation of past half decade. Currently, the countrymen are more confident in attaining any tougher goal by facing all kinds of hurdle.’
The premier, as chief guest, made this assertion while inaugurating ‘Bangladesh Investment and Policy Summit-2016’ held at Hotel Radisson Blu Water Garden in city on Sunday (January 24).
Sheikh Hasina said that ignoring all odds, including worldwide uncertainty and recession in the developed countries, Bangladesh is going forward. In the past seven years, Bangladesh remained not only steady in its economic growth but also drove it forward.
Urging investors to invest in the country, the PM said it is high time for the investors to be an active partner in Bangladesh development.
‘We have some limitations somewhere, but I believe we will be able to remove them if we get your assistance and advice,’ she added.
The premier further said, ‘Our efficiency has increased to attract local and foreign investment in private sector. Mental strength of entrepreneurs has also increased as well’.
‘We have achieved capacity in building big projects. We have taken bold initiatives to build large projects like Padma Bridge with own finance which is the proof of capability’, she added.
Highlighting measures taken by the government to create an investment-friendly environment, the Prime Minister stated, ‘I always say that the government will not do business. Businesspeople will do it. The government will create a business-friendly environment’.
‘We’re doing so,’ she opined.
‘In the past few years, we had taken extensive programs for infrastructural development and reformed the rules and regulations to create an investment-friendly environment’, the PM added.
At the time, Sheikh Hasina highlighted steps taken by her government in harnessing power and energy.
The PM said that ‘Private Sector Development Policy Co-ordination Committee’ has been formed to identify and solve problems of the private sector on basis of information through research’.
‘We have initiated the establishment of the Bangladesh development authorities to simplify investment.’
Referring to plans of building 100 economic zones across the country, she said, ‘A sum of 30 areas has been selected to setup the economic zones. Of them, the foundation stones of 10 zones will be laid in next month’.
The premier said, ‘Our major foreign investment sectors include — electricity, gas, roads and highways, bridges, health care, medicine, seaports, manufacturing unit, light engineering, automobiles, ceramics, textile, leather and leather-based industry, ICT, a variety of services and procedures and different major infrastructures’.
According to her, the government is giving attractive revenue and non-revenue incentives for private investment enhancement, she said.
Finance minister Abul Maal Abdul Muhith, commerce minister Tofail Ahmed, industries minister Amir Hossian Amu, business leaders, diplomats of different countries and investors from home and abroad were present at the summit.