Bangladesh PM seeks more US investment, promises dedicated SEZ

05 May '23

1 min read

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At a recent business roundtable in Washington, DC, Prime Minister Sheikh Hasina urged US businesses to invest more in Bangladesh's renewable energy, shipbuilding, automobile and pharmaceutical sectors, promising a special economic zone dedicated to them.
She assured them of topmost priority to improving the country's investment environment.

Recently, Prime Minister Sheikh Hasina encouraged US companies to increase their investments in Bangladesh's renewable energy, shipbuilding, automobile, and pharmaceutical industries, pledging a dedicated special economic zone (SEZ) for these businesses.

She was addressing a high-level business roundtable with the theme ‘US-Bangladesh Economic Partnership: Shared Vision for Smart Growth’ organised by The US-Bangladesh Business Council in Washington, DC.

"I invite you to invest in our many vibrant and high-potential sectors, such as renewable energy, shipbuilding, automobile, pharmaceuticals, light and heavy machineries, chemical fertilisers, ICT [information and communication technology], marine resources and medical equipment, among others," she was quoted as saying by Bangladesh media reports.

"I also call on you here to remain and be with us as partners in our journey to a developed, prosperous, and Smart Bangladesh by 2041," she added.

She also inaugurated the US Bangladesh IT Connect portal (us.itconnect.gov.bd) at the event.

Bangladesh is currently setting up 100 SEZs and 29 hi-tech parks.

She assured giving topmost priority to improving the country’s investment environment.

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