Potential investment sectors pointed out
Author / Source : STAFF REPORTER
DHAKA, OCT 4: FBCCI president AK Azad highlighted the country’s investment potential sectors to a visiting delegation of India on Tuesday. “Bangladesh has a huge investment potentials in some sectors, especially power and energy, IT, infrastructure and special economic zones (SEZ),” Azad said while speaking at a discussion meeting with the delegation from Indian National Defence College (INDC) at the chamber’s conference room. The meeting was organised by the Federation of Bangladesh Chambers of Commerce and Industry where the chamber’s chief was in the chair. The 14-member delegation, consisting 14 officers from Indian Armed and Air Forces, was led by Major General Sanjay Saran.
“We hope that our export earnings would be $ 30 billion in FY 2011-12,” Azad said. To continue the present economic growth, more additional $ 28 billion investment will be needed, either under the Public Private Partnership or individually, he said.
“The private sector is the main driving force for the development of our economy while the government plays the facilitator’s role providing policy supports and other required assistances,” Azad said. “We have friendly bilateral economic relation with South Africa, Kyrgyzstan, Saudi Arabia, Maldives and Indonesia,” he said. “We hope this meeting will enhance the bilateral relations between India and Bangladesh,” he said. The meeting was attended, among others, by FBCCI vice president Mostafa Azad Chowdhury Babu.