Thursday, July 18, 2019 | ePaper

BD missions can play key role to attract FDI: Momen

  • Print
Economic Reporter :
Foreign Minister DR AK Abdul Momen on Tuesday said that the Bangladesh missions in abroad will play as a catalyst to promote economic growth by attracting foreign direct investment.
He made the observation while speaking at a seminar titled 'Promoting Trade and Investment' at the foreign ministry. Ministry of Foreign Affairs, Bangladesh Investment Development Authority and BEPZA jointly organised the programme.
While addressing the function, the minister urged the foreign mission officials to gear up for economic diplomacy.
"We have achieved 16 per cent growth in FDI but to attain the desired growth for graduating into a middle income country this achievement is not enough. So foreign missions should play proactive roles in attracting FDI," he said.
Asking the foreign ministry officials to concentrate on branding Bangladesh he said, as the Bangladesh missions are the gateways to foreigners, they have to highlight the country by briefing the prospective foreign investors about the huge investment opportunities here.
The minister said apart from promoting trade and investment, the foreign ministry has also initiated programmes to increase manpower recruitment from Bangladesh.
"In countries, where the number of low skilled Bangladeshi workers is high, we have introduced skill development programmes so that they can get better opportunity," he said.
The minister informed that such programmes have already started in places like Jeddah, Riyadh and Dubai.
Dr Momen also stressed the need for involving Bangladeshi diaspora around the world to attract investments.
"In China 66 per cent of their FDI come through Chinese diaspora. So Bangldeshis living abroad can play a great role in attracting FDI," he added.

More News For this Category

Marcel TV customers offered free fridges in every day

Business Desk :The local electronics manufacturer Marcel has declared a fresh offer for its television's customers on the occasion of the upcoming Eid-ul-Azha, says a press release. As per

China to invest $2m in Mongla EPZ

Business Desk :Chinese company M/s. Dongguan Bluebox Industries Bangladesh Co. Ltd. will invest US$ 2 million to establish a Packaging Manufacturing industry in Mongla Export Processing Zone. Recently, BEPZA

GTF to promote financial facilities for emerging sectors: BUILD

Business Desk :Business Initiative Leading Development (BUILD), a platform for fact-based and research-backed dialogue and advocacy, has said the Green Transformation Fund (GTF) will promote concessional financial facilities for

First Security Islami Bank Limited arranges a 2-daylong Half Yearly Business Conference at Radisson Blu Dhaka Water Garden on Thursday. Syed Waseque Md. Ali, Managing Director, Abdul Aziz, AMD, Md. Mustafa Khair and Md. Zahurul Haque, DMDs, Principal of Training Institute, Head of Divisions of Head Office, Head of Zonal Offices, Branch Managers and other officials were present in the conference.

First Security Islami Bank Limited arranges a 2-daylong Half Yearly Business Conference at Radisson Blu Dhaka Water Garden on Thursday. Syed Waseque Md. Ali, Managing Director, Abdul Aziz, AMD, Md. Mustafa Khair and Md. Zahurul Haque, DMDs, Principal of Training Institute, Head of Divisions of Head Office, Head of Zonal Offices, Branch Managers and other officials were present in the conference.

.

Bangladesh's RMG to enter Brazil, Russia within 18 months

Economic Reporter :Commerce Minister Tipu Munshi on Thursday said that the Bangladeshi RMG export items would be able to enter the markets of Brazil and Russia within the next

Mutual Trust Bank Limited (MTB) and University of Dhaka have recently launched an exclusive MTB-University of Dhaka Visa Signature & Platinum Credit Card for the teachers and officials of the University of Dhaka. The MoU signing ceremony was held on Tuesday at Dr Abdullah Faruk Conference Hall, University of Dhaka. Professor Shibli Rubayat Ul Islam, Dean, Business Studies Faculty, University of Dhaka attended the event as the Chief Guest, while Professor Dr Abul Hossain, University of Dhaka graced the event as the Special Guest.

Mutual Trust Bank Limited (MTB) and University of Dhaka have recently launched an exclusive MTB-University of Dhaka Visa Signature & Platinum Credit Card for the teachers and officials of the University of Dhaka. The MoU signing ceremony was held on Tuesday at Dr Abdullah Faruk Conference Hall, University of Dhaka. Professor Shibli Rubayat Ul Islam, Dean, Business Studies Faculty, University of Dhaka attended the event as the Chief Guest, while Professor Dr Abul Hossain, University of Dhaka graced the event as the Special Guest.

.

ADB report foresees Asia to maintain moderating growth

ADB report foresees Asia to maintain moderating growth

Business Desk :Developing Asia will maintain strong but moderating growth over 2019 and 2020, as supportive domestic demand counteracts an environment of global trade tensions, according to a new

BAB's activities to be expanded: Humayun

Business Desk :Industries Minister Nurul Majid Mahmud Humayun Thursday said the activities and manpower of the Bangladesh Accreditation Board (BAB) will be expanded to create a conducive environment for

BD primary beneficiary of US-China trade war

BD primary beneficiary of US-China trade war

Gazi Anowar :The foreign direct investment (FDI) soars in Bangladesh as foreign companies, especially Chinese firms, are relocating here to avoid higher tariff in China imposed by US government. 

Syed Mahbubur Rahman, Managing Director of Dhaka Bank Ltd and Md Miarul Haque, Country Manager of DHL Worldwide Express (BD) Pvt. Ltd, exchanging a signing document for international correspondence and communication at the Bank's corporate office recently. Md. Shakir Amin Chowdhury, DMD, Md. Altamas Nirjhar, Head of General Services Division of the Bank and ASM Shakil, Commercial Director of DHL were also present.

Syed Mahbubur Rahman, Managing Director of Dhaka Bank Ltd and Md Miarul Haque, Country Manager of DHL Worldwide Express (BD) Pvt. Ltd, exchanging a signing document for international correspondence and communication at the Bank's corporate office recently. Md. Shakir Amin Chowdhury, DMD, Md. Altamas Nirjhar, Head of General Services Division of the Bank and ASM Shakil, Commercial Director of DHL were also present.

.