Indian businesses are increasingly interested in heavily investing in various sectors of Bangladesh, according to officials of a visiting Indian delegation.
The leaders of Bharat Chamber of Commerce (BCC) said this during a meeting with the Bangladesh Investment Development Authority (Bida) on Monday.
Indian businessmen have always been interested to be development partners of Bangladesh, said BCC president NG Khaitan.
"We have come to Bangladesh on a four-day visit to check the investment areas in Bangladesh," said Abhik Roy, secretary general of BCC.
"Our investors are interested to invest in various sectors of Bangladesh," he added.
Bangladesh has become one of the best investment destinations thanks to the infrastructural development the country has achieved, its political stability, stable economic growth and its successful response to the Covid-19 pandemic, said Lokman Hossain Miah, executive chairman of Bida.
“Bangladesh is a large and growing market of 170 million people and the number of people in the mid-income group is increasing by the day,” he said.
“Bida has taken various investment expansion activities, including setting up of 100 economic zones and 27 hi-tech parks,” he said.
“Bangladesh will become an upper middle-income nation within a decade. So now is the best time to invest in the country,” he added.