Govt hopeful of getting large scale investment from Dubai

ZOOMBANGLA DESK: The government is hopeful of getting large-scale investment from Dubai in the coming days to the special economic zones in Bangladesh which are being set up in an effective and planned way.

Officials concerned said this at a seminar titled “Invest in economic zones: opportunity beyond border” held at the conference room of the Bangladesh Pavilion at the World Expo 2020 in Dubai. Bangladesh Economic Zones Authority (BEZA) organized the seminar with support from the Bangladesh mission in UAE and the consulate general office in Dubai.

BEZA executive member Abdul Azim Chowdhury spoke at the seminar as the chief guest presided over by Bangladesh Ambassador to UAE M Abu Jafar. Consul general in Dubai BM Jamal Hossain was also present on the occasion.

Expatriates Bangladeshis living in Dubai alongside investors from India, China, and the UAE took part in the seminar.

Speaking on the occasion, Abdul Azim Chowdhury said that BEZA has brought a wholesale change in the pace of industrialization while working on setting up various special economic zones including Bangabandhu Sheikh Mujib Shilpa Nagar.

He also termed the joint venture agreement of Bangladesh with Sumitomo Corporation of Japan for setting up the Japanese economic zone as a milestone for making investment in Bangladesh.

Azim said since economic zones are being set up in the country in a planned way keeping pace with the world, notable investment would soon come to Bangladesh from Dubai.

Bangladesh Ambassador to the UAE M Abu Jafar said that Dubai has created a scope for making investment in Bangladesh and all concerned would have to take forward this initiative.

The participants at the seminar expressed their satisfaction over the existing investment-friendly policy of the government and stressed the need for updating the Gold Policy. (BSS)