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Attracting FDI more crucial than ever:experts

Bangladesh needs to amend tax rules, simplify business procedures and ensure facilities for international investors to attract foreign direct investment, said speakers yesterday. "It is crucial than ever to bring FDIs to tackle the Covid-19 fallout. For this reason, the government should relax rules and ensure competitive facilities," said Mohammad Abdur Razzaque, chairman of

Speakers for tapping FDI potentials in agro processing, light engineering, blue economy

Speakers for tapping FDI potentials in agro processing, light engineering, blue economy 160 DHAKA, April 17, 2021 (BSS) – Speakers at a webinar today stressed the need for reforming the taxation system alongside tapping the Foreign Direct Investment (FDI) potentials in a wide range of sectors like agro processing, light engineering, non-cotton apparel, home textile, blue economy and education in the country to ensure export diversification and smooth LDC graduation. They also suggested for extending the scope for whitening undisclosed money in the health infrastructure, economic zones, and in other infrastructure sectors alongside the existing sectors to create more employment opportunities. The participants in the webinar also opined that all the concerned stakeholders need to extend their all-out cooperation to the Bangladesh Investment Development Authority (BIDA) to attract more FDI in the country.

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