Atiur urges Indian entrepreneurs to invest here

Bangladesh Bank governor Dr Atiur Rahman on Friday urged the Indian entrepreneurs to invest in Bangladesh availing themselves of the investment opportunities here, and emphasised working together for the optimum realisation of the sub-region’s growth potentials.“I’m reiterating our warm welcome to Indian entrepreneurs to the promising investment opportunities in Bangladesh, working together for the fuller realisation of growth potentials of our sub-region,” he told a function in New Delhi.
Confederation of Indian Industry (CII) arranged the event, titled ‘Boosting Sub-Regional Development through Increased Investment and Trade, at the CII headquarters, according to message received here.
The BB governor said Bangladesh’s FDI (foreign direct investment) policy regime is among the most liberal ones in South Asia. “Both the Bangladesh Bank and Bangladesh government remain responsive to promptly addressing new issues as they arise.”
In a recent discussion at the Bangladesh Bank with a visiting large delegation of Indian investors, Atiur said Bangladesh promised some new easing of the office opening permission process for foreign businesses, and some enhancement of the remittable portion of current salaries of working foreign nationals.
Finance Minister AMA Muhith and business leaders from India and Bangladesh were also present.
The central bank governor said the economy has maintained a sustained real GDP growth trend averaging over six percent annually for more than a decade now.
“This growth momentum remains largely unimpaired even in the current global growth slowdown due to continuing export growth (10.2% y-o-y during July-March FY13) and to robust domestic demand upheld by rapid poverty decline from inclusiveness of economic growth.”
Inflation, Atiur said, is on declining trend—already in single digit.
“Export receipts and workers’ remittance inflows are swelling foreign exchange reserves and pushing up Taka on appreciation trend.” UNB

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