The India-based US investors have been urged to come up with investment in the sectors such as infrastructure, energy, power, IT, healthcare in Bangladesh as the country has proved itself as an ideal destination for investment and industry relocation.
Business leaders on February 14 made the appeal at a meeting between the American Chamber of Commerce in India (AmCham) and the Dhaka Chamber of Commerce and Industry.
They said Bangladesh might have some bottlenecks including poor infrastructure and shortage of gas and electricity but these challenges were opportunities for foreign investors.
The DCCI organised the meeting at its conference room in the capital. Leaders of the American Chamber of Commerce in Bangladesh were also present.
‘Foreign investors may take the opportunity and invest in the sectors,’ said Aftab ul Islam, president of the AmCham Bangladesh.
Aftab also invited investors to make Bangladesh as source country for their IT products as the country has proved itself as best in the region in this regard.
About the US move of cancellation of GSP benefits for the Bangladeshi products in its market, he said that Bangladesh should sign ‘Trade and Investment Cooperation Framework Agreement with the USA.’
Sabur said that the DCCI would establish a ‘help desk’ to provide information related to investment in Bangladesh online to the foreign investors.
The trade body will also set up a display centre at the DCCI where entrepreneurs from local and abroad can display their products, catalogues and brochures.
Leader of the AmCham India Vishal K Wanchoo said, ‘Bangladesh has huge potentials for rapid economic development as the country maintains a good investment-friendly environment and provides better opportunities for investors.’
DCCI senior vice-president Nessar Maksud Khan, vice-president Absar Karim Chowdhury, directors Khairul Majid Mahmud, Abul Hossain, Abdus Salam and former president Benajir Ahmed were present, among others, in the meeting.