Minister urges Indian entrepreneurs to invest in SEZs

Bangladesh Sangbad Sanstha . Dhaka | Published: 00:00, Jan 23,2020


Industries minister Nurul Majid Mahmud Humayun and Indian high commissioner to Bangladesh Riva Ganguly along with others visit a stall after the inaugural session of the INDEE Bangladesh 2020 at the International Convention City, Bashundhara in the capital on Wednesday. — New Age photo

Industries minister Nurul Majid Mahmud Humayun Wednesday called upon the Indian entrepreneurs to invest in the country’s special economic zones (SEZs) as Bangladesh is providing all sorts of policy support to the both local and foreign investors.

‘We have been pursuing a liberal investment and industrial policy for both the local and foreign investors. Our government is currently setting up 100 Economic Zones with the huge fascinating incentive package,’ he said.

The industries minister said this while speaking as the chief guest at the inauguration session of the ‘INDEE Bangladesh 2020’ at the International Convention Centre, Bashundhara (ICCB) in the city.

He said prime minister Sheikh Hasina announced the ‘Light Engineering goods’ as the ‘Product of the Year’ for 2020. ‘So, our government is giving special emphasis on sustainable growth and development of light engineering sector,’ he added.

Humayun said with Bangladesh offers an exclusive economic zone for India, outbound investments from India to Bangladesh is bound to go up.

He said the bilateral relations between Bangladesh and India have soared to a new height in the recent past, especially with the exchange of visit of Indian prime minister Narendra Modi to Bangladesh and the Bangladesh prime minister Sheikh Hasina to India.

‘A new era of Indo-Bangladesh relationship comes up with the signing of a series of agreements or MoUs between these two nations on several important issues of mutual benefits during the exchange of those high-level visits,’ he added.

Among others, high commissioner of India to Bangladesh Riva Ganguly and chairman of the Engineering Export Promotion Council (EEPC) of India Ravi Sehgal were present on the occasion.

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