Tuesday, June 25, 2024


Dhaka Tribune

PM Hasina offers separate economic zone to British investors

  • Visiting British MPs pledge to work with Bangladesh govt 
  • Delegation arrived in Dhaka on Saturday; scheduled to leave for London on Jan 31
Update : 28 Jan 2024, 11:59 PM

Offering British investors a special economic zone in Bangladesh, Prime Minister Sheikh Hasina on Sunday sought large-scale investments from them for mutual benefits.

"We have been giving the highest priority to foreign direct investment (FDI) in Bangladesh. For that we have been establishing 100 economic zones, high-tech parks and incubation centres across the country," she said.

If British investors want, Bangladesh will allocate a separate economic zone for them as "we have allocated land for establishing separate economic zones for some other countries,” she said.

She made the offer when a British cross-party parliamentary delegation led by the vice chair of the All-Party Parliamentary Group (APPG) on Bangladesh and chair of the APPG on Indo-British, Virendra Sharma, MP, paid her a courtesy call at her official residence Ganabhaban.

PM's Speechwriter M Nazrul Islam briefed reporters after the meeting.

Sheikh Hasina said Bangladesh is well connected to Southeast Asia and South Asia, which have a market of 3 billion people.

"So investors will face no trouble in finding markets of their goods," she said.

She went on to say that her government has been putting everything online to cut the procedural time to invest in Bangladesh.

"The government has already put some 110 items online out of 170. The rest of the 60 items will be online very soon," she said.

The visiting British MPs pledged to work closely to take forward the development initiatives of the government for the socioeconomic advancement of Bangladesh and its people.

The five-member parliamentary delegation also includes Paul Scully, MP, former Conservative minister for tech and digital economy, Neil Coyle, MP, member of the UK House of Commons Select Committee on Foreign Affairs, Andrew Western, MP, opposition whip in the House of Commons, and Dominic Moffitt, senior parliamentary assistant in the House of Commons.

The delegation, which arrived in Dhaka on Saturday, is scheduled to depart for London on January 31.

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