PM Hasina urges expatriates to invest more in Bangladesh

Prime Minister Sheikh Hasina has urged Bangladeshi expatriates all over the world to invest more in Bangladesh as investment opportunities for them have increased in all sectors.

“We will find out the barriers, if any, in this regard and I assure you all of solving those problems for your convenience to invest, which will be beneficial to all,” she said in a civic reception accorded to her by expatriate Bangladeshis living in Scotland on Monday.

The prime minister joined the program virtually from her place of residence in Glasgow.

Sheikh Hasina said the Awami League government is very much a pro-people one as it always thinks about the development of the country and the welfare of its people.

She mentioned that the government has already introduced 2% incentives for expatriate Bangladeshis for sending money back home from abroad through a proper channel. “No one demanded that, even no one thought about that, I myself introduced this incentive,” Sheikh Hasina said.

She also mentioned that the government has established a bank for Bangladeshi expatriates.

Regarding allegations made by some expatriates that they are facing problems in investing in Bangladesh, the prime minister said she does not know what kind of problems the expatriates are facing while investing in Bangladesh.

Hasina also said the government has already given necessary directives to the Bangladesh Development and Investment Authority (BIDA) to remove all bottlenecks in investments. “There will be a roadshow in London where I will ask BIDA to look into the matter,” she said.

Briefly describing the massive development activities carried out by the Awami League government in the last 12 years, Sheikh Hasina said the government is offering special facilities for expatriates to invest in Bangladesh. But she requested them to follow the laws of the land while investing in Bangladesh as there are rules and regulations for investment across the globe. “I hope that you will do that,” she said.

There are investment and premium bonds in Bangladesh and the expatriates can invest availing of that advantage, the prime minister said, adding that the government is setting up some 100 economic zones and the expatriates can invest there, too.

Referring to a government survey which showed that only 10 upazilas out of 495 have ultra-poor people in the country, she said the government is finding out why they are still in this bad shape. “I have already given directives to make a plan for removing this situation. Inshallah, we will be able to change this situation within a couple of months. So, there will be no ultra-poor in the country,” she said.

The prime minister mentioned that the government is in negotiations to start Dhaka-New York and Dhaka-Toronto flights soon.

Talking about the demonstration by BNP men in Scotland, the Awami League president questioned their motives. “My question is, what is my fault? I developed Bangladesh, reduced the poverty rate and made the people of Bangladesh self-sufficient in food,” she said.

Sheikh Hasina also said Bangladesh does not need to beg foreigners anymore. “90% of our development projects are done with our own financing. The BNP wants to put the country in a deplorable condition again as it was during its regime."

“If thieves like them (BNP) come to power again, Bangladesh will plunge into the era of darkness again,” she said.

The prime minister mentioned that the BNP-Jamaat clique never wants the development of the country as they did not want the independence of Bangladesh.

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