Dhaka: Bangladesh has invited Qatari investors to invest in Bangladesh saying the government is ready to offer one or more Special Economic Zone for Qatari investors exclusively which they can develop and operate as per their own desires and needs.
‘Qatari business leaders can take advantage of the most liberal investment policy of Bangladesh among the South Asian countries and the comparative advantage in terms of market access, trainable and competitive youth workforce and competitive wages,’ said State Minister for Foreign Affairs M Shahriar Alam.
He invited them to invest in capital market, energy, telecommunications and IT, petrochemicals, pharmaceuticals, ship building, agro-processing, human resource development, water and marine and other infrastructure projects, hi-tech manufacturing and microprocessors in Bangladesh.
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The State Minister was addressing a seminar on ‘Foreign Direct Investment Opportunities in Bangladesh’ at the Ritz Carlton Hotel in Doha on Saturday as the chief guest.
Bangladesh Forum Qatar in cooperation with the Qatar Financial Centre (QFC) organised the seminar, said a PID handout on Sunday. economic zone
The State Minister said Bangladesh already crossed the LDC threshold in March this year and is on the track to be a developed country by 2041. economic zone
He cited few examples of global thinktanks and research organisations which made very positive statements about the consistent economic progress of Bangladesh and her bright position in future in the global economy.
The State Minister told the Qatari business leaders that there are eight fully operational EPZs in Bangladesh and 100 Special Economic Zones are under process in different parts of the country.
He said Bangladesh Government is ready to offer one or more Special Economic Zones for Qatari investors exclusively which they can develop and operate as per their own desires and needs.
Bangladesh Ambassador to Qatar Ashud Ahmed highlighted that the growing Bangladeshi community in Qatar has been contributing not only to people to people contacts between two countries but also contributing to the development of trade and investment.