Finance Minister AHM Mustafa Kamal on Wednesday expressed his excessive optimism that Bangladesh would get extra international direct funding (FDI) within the coming days because the nation is an excellent vacation spot for making investments.
“Bangladesh is an excellent place for making funding. Bangladesh shouldn’t be lagging behind in attracting funding in comparison with different nations. The nation will get extra FDI and it is my perception,” he mentioned.
The Finance Minister mentioned this nearly after chairing two separate conferences on the Cupboard Committee on Financial Affairs (CCEA) and the Cupboard Committee on Authorities Buy (CCGP).
He mentioned the CCEA assembly accredited a proposal in precept for signing growth settlement and land lease settlement between Bangladesh Financial Zones Authority (BEZA) and the Bangladesh SEZ Ltd for growing the particular financial zone completely for the Japanese traders being arrange on 1,000 acres of land at Araihazar upazila in Narayanganj.
Bangladesh SEZ Ltd is a three way partnership of BEZA and Sumitomo Company of Japan.
The Finance Minister mentioned that it was a protracted cherished factor that the Japanese investments would come to Bangladesh in a big scale whereas a sequence of conferences to this finish have been held between him and the Japanese ambassador, JICA Nation consultant and different involved officers.
“As soon as the Japanese SEZ is developed, then it is going to be a milestone for the nation and we’ll see much more tasks like this sooner or later. Now we have all types of bodily and non-physical infrastructures,” he added.
He additionally hoped that after completion, this Japanese SEZ would create an enormous employment alternatives within the nation.
Becoming a member of the briefing, Cupboard Division Further Secretary Md Zillur Rahman Chowdhury mentioned that the day’s CCEA assembly accredited a proposal in precept from the Energy Division for procuring spares, consumables and schedule upkeep works beneath Direct Procurement Methodology (DPM) from Siemens, Germany for the Ghorashal 365MW mixed cycle energy plant.
In addition to, he knowledgeable that one other proposal from the Ministry of Agriculture was accredited in precept within the assembly beneath which needed services could be procured beneath DPM technique for internet hosting the thirty sixth session of FAO Regional Convention for Asia and the Pacific (APRC) to be held in Bangladesh for the primary time from March 8-11 this yr.