PM urges US companies to boost investment in Bangladesh

Prime Minister Sheikh Hasina on Tuesday said Bangladesh needs enhanced investment from its friendly countries, especially from the USA, as it aspires to become a developed and prosperous country by 2041.

“Bangladesh has been recommended to graduate from the LDC in 2026. We are aspiring to become a developed and prosperous country by 2041. For that purpose, we need enhanced investment from our friendly countries, especially from the USA,” she said.

The prime minister said this at a meeting with the first-ever visiting Executive Business Delegation of the US-Bangladesh Business Council at her official residence Ganobhaban, reports UNB.

She said that Bangladesh is now an attractive investment destination. Along with physical infrastructure, the government has upgraded and eased the rules and regulations relating to investment and business.

“Bangladesh has the most liberal investment policy in South Asia and that foreign investment is protected by acts of Parliament and bilateral treaties,” she said.

Highlighting her government's development programmes she mentioned that the entire country has recently been brought under electricity coverage.

“We are upgrading our road, railway and water communications by implementing some mega projects,” she said.

Hasina told the delegation that her government is setting up 100 special economic zones for domestic and foreign investors across the country.

“We may earmark one of the zones exclusively for the US investors, if you desire so,” she said.