International Investment Summit 2021 begins Sunday

The two-day International Investment Summit 2021 begins in the capital on Sunday to brand new Bangladesh among the investors of the world.

"The main objective of the summit is to brand new Bangladesh among the investors of the world," said Salman Fazlur Rahman, Prime Minister's Private Industry and Investment Advisor while addressing a press conference on Saturday.

Prime Minister Sheikh Hasina will formally inaugurate virtually the curtain of the two-day investment summit hosted by the Bangladesh Investment Development Authority (BIDA) on Sunday at 10.00 am at Radisson Blue Water Garden Hotel, Dhaka.

Salman said the new face of Bangladesh's economy is still unknown to many in the world and the investment promotion programs are helping them to learn about the economy and the investment opportunities in a wide range of sectors in Bangladesh.

The adviser said Bangladesh is receiving an increasing interest of investors from an expanding range of countries considered to be potential sources of investments. "The outcome of that should be reflected in the coming years," he added.

He mentioned that the investors from Scandinavian countries, for example, are expressing their interest in Bangladesh.

BIDA Executive Chairman Md Sirazul Islam said that some 2,574 participants have already been registered to attend International Investment Summit 2021 while at least 465 of them are foreigners who will represent their countries or international investment firms.

He said participants would join the summit both physically or virtually due to the pandemic.

A large number of delegates are already in Dhaka and more are arriving.

Saudi Arabia's Transport and Logistics Minister, Vice Minister of their Ministry of Investments, and a high-level business delegation is joining the summit.

Many members of the Turkish investors' community, alongside those from the United States, Europe, and Asian countries would join the program, while ministers from India, China, and Japan would address the audience virtually.

The summit with the tagline "Bangladesh: Discover Limitless Opportunities", will have 14 separate sessions, of which 11 will be dedicated to different sectors that include blue economy, healthcare and pharmaceuticals, transport and logistics, capital market, power and energy, the fourth industrial revolution, financial services, agribusiness, leather and leather goods, apparel, electrical and electronics manufacturing.

The country's increasing investment competitiveness, improving business environment, the opportunities the 100 special economic zones are creating would be communicated with the potential investors alongside the great rise story of the Bangladesh economy.

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