Inaugurating the ‘Bangladesh Business Summit 2023’ in Dhaka recently, Prime Minister Sheikh Hasina urged global businessmen and investors to invest in the country to help smoothen its journey into a developed, prosperous and smart nation by 2041. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) organised the summit, which ends today.

The prime minister asked domestic business leaders to prepare from today to cash in on the advantages and face the challenges expected after Bangladesh graduates to a developing nation in 2026.

The government has been giving topmost priority to improving the investment environment in the country to attract both domestic and foreign investment, she said.

BIDA is implementing the Bangladesh Investment Climate Improvement Programme, primarily to end bureaucratic red tape, she was quoted as saying by Bangladeshi media reports.

FBCCI is celebrating its golden jubilee this year. The ministry of foreign affairs, the commerce ministry and the Bangladesh Investment Development Authority (BIDA) are partners in the summit.

Ministers from seven countries, chief executive officers of 12 multinational companies and more than 200 foreign investors and business leaders from 17 countries are participating in the summit.

Fibre2Fashion News Desk (DS)

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