'I will quit if I fail to simplify investment process'

Promising to resign if he fails to simplify the investment process, Expatriates' Welfare Minister Nurul Islam has called on Bangladeshi expatriates living abroad to invest in the motherland.

In a sign that NRBs were being wooed into taking a bigger financial stake in the country, the government on Tuesday awarded Commercially Important Person (CIP) status to 10 non-resident Bangladeshis.

Speaking to journalists at his office at the Ministry of Expatriates' Welfare and Overseas Employment on Tuesday, Nurul assured would-be foreign investors of Bangladeshi origin that the process would be made hassle-free.