http://nation.ittefaq.com/issues/2009/08/13/news0557.htm
Foreigner to get citizenship for $75,000 investment
Shamim Jahangir
Any foreign investor will receive Bangladeshi citizenship if he or she invests $75,000 at the newly constructed hi-tech park at Kaliakoir in Gazipur.
The government is going to take decision to accelerate the foreign direct investment (FDI) in the country, sources in the Ministry of Science and Information and Communication Technology (SICT) said.
Series of investment friendly proposals will be placed to the Prime Minister Office for approval next week to encourage FDI in the park.
Investors will get five to seven years tax waiver facilities if they would invest in the park, the proposal said.
Investors will also get 15 years energy import facilities, a senior official of the ministry said.
The hi-tech park authority will also withdraw duel tax for 15-years for investment in the park, he further said.
The government will provide repatriation facilities for capital, profit and dividend for investors, he said.
The government will launch country’s lone hi-tech park with an estimated cost of Tk 9.38 crore at Kaliakoir in Gazipur on December next, sources said.
The ministry of SICT has already got several investment proposals from different national and international companies including a USA based ICT firm M/I-3-USA.
The M/I-3-USA has expressed its interest to invest Tk three to four billion in the park. They want to build an ICT based varsity, power plant and other infrastructure facilities in the park if the government permit them to run the park, sources said.
Besides the Samsung Group of Korea also wants to build an ICT based varsity in the park.
India, China, Singapore, Malaysia and Vietnam has already established hi-tech park and earned huge profit.
