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Amu urges Indian investors to invest in BD’s economic zones

04 Feb,2018



Dhaka, BdChronicle:


Industries Minister Amir Hossain Amu urged the Indian investors to invest in Bangladesh’s economic zones taking the facilities given by the government.

“One hundred specialized economic zones have been set up in the country to facilitate investment by local and foreign investors. The investors of North-Eastern states of India can come forward to invest here,” he said.



The Minister was speaking at a session titled ‘Investment Opportunity in Bangladesh’ in an international investment conference titled ‘Advantage Assam’ in Assam state in India on Saturday.



Terming Bangladesh as the best place for foreign investment in South Asia , the Minister said that foreign investors are getting the highest security and protection in Bangladesh.



The government is providing tax rebate facilities to Hi-Teck park and economic zone builders for 12 years and investors in economic zones for 10 years, he said. 



Amu said Bangladesh has become an attractive place to investors for its big local market, suitable geographical position, skilled labour at low cost, business-friendly environment and balanced economic growth, according to a PID handout.



Sheikh Fazle Fahim, senior Vice President of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) presented a paper on investment situation in Bangladesh at the session.



Later, the minister attended a plenary session titled North East Economies Ties with ASEAN and BBIN with North East of India.



“Bangladesh is in a strategic position in transporting goods to North-East states of India and ASEAN states. Uninterrupted facilities of transit and transportation of passengers and goods have been created through signing of Bangladesh, Bhutan, India, Nepal (BBIN) motor vehicle agreement,” said the minister.



He also said that Bangladesh is interested to work with Nepal and Bhutan for utilizing the huge potentials of regional economic development.

 

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