“A favorable business environment will help attract FDI”

Creating a business-friendly environment as well as streamlining the investment process would help attract foreign direct investment, speakers said during a program.

“Everyone is welcome in Bangladesh to invest. We need regular policy and regulatory reforms based on the need to create an enabling business environment, ”said MA Mannan, Minister of Planning.

He was speaking today at an event titled “Speeding Up Bangladesh” hosted by the Foreign Investors Chamber of Commerce and Industry (FICCI) at the Sheraton Dhaka Hotel.

FICCI also unveiled a research report on “Bangladesh’s Growth Drivers: Accelerating Investment Opportunities in Agribusiness, Digital Economy and Green Finance”.

According to the research report, Bangladesh’s resilience and prosperity can be attributed to a number of causes, including increased private sector involvement, remittances, economic liberalization and trade integration.

Based on its achievements, Bangladesh intends to become an upper middle income country by 2031 and a developed country by 2041, but it must first overcome fundamental high economic restrictions. level, said the FICCI.

This report focuses on agribusiness, digital economy and green finance for climate smart investments to understand what is best to unleash their global and domestic competitiveness, taking into account global trends, Bangladesh’s diversification needs and national priorities.