Emphasising the need for an elected government, newly elected president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Mahmud Hasan Khan has said there is no alternative to a people-mandated government to remove insecurity of investors.
He made the remark while exchanging views with reporters at a hotel in Chuadanga district headquarters on Monday night.
“Currently, there is a caretaker [interim] government in the country, and investors are in uncertainty. The decrease in investment has created a kind of stagnation in the economy. Those who want to establish new industries or start a business are also waiting for an elected political government,” the business leader said.
He said that the sooner a legitimate government is formed through a credible election, the quicker the country’s economic momentum will be restored, investments will rise, employment opportunities will grow, and business will expand.
The industrialist expressed the hope to establish a training centre in the district to equip unemployed youths with skills, enabling their integration into the industrial workforce.