FICCI for boosting partnership with govt to attract FDI

The Foreign Investors’ Chamber of Commerce and Industry reaffirmed its commitment to collaborate with the government in attracting international investors and expanding business opportunities in Bangladesh.

The pledge was made during FICCI’s 61st annual general meeting, held on Thursday, at a hotel in the capital Dhaka.

FICCI president Zaved Akhtar highlighted the chamber’s accomplishments over the past year, emphasising its role in fostering a favourable investment environment.

He identified four key areas critical to foreign investors, including law and order, energy security, a level playing field and predictable policies.

Zaved Akhtar stressed the importance of effective law enforcement to ensure smooth business operations and maintain Bangladesh’s international image.

He also underscored the need for reliable and affordable energy, fair competition for multinational companies and consistent long-term policies to boost investor confidence.

‘We maintain regular communication with the government and other stakeholders to address these issues, ensuring that foreign investors feel secure and supported in their operations in Bangladesh,’ Zaved Akhtar added.

He expressed confidence in Bangladesh’s potential as a global investment hub, saying, ‘With our collective vision, expertise and determination, we will build a prosperous and resilient Bangladesh, a beacon of innovation, inclusivity and sustainability.’

The FICCI president recognised the significant contributions of FICCI’s member companies and stressed the importance of collective efforts to drive economic growth and sustainable development.

FICCI vice-president Yasir Azman reiterated the chamber’s commitment to advocating for foreign investors’ interests while positioning Bangladesh as a prime destination for global investments.

FICCI executive director TIM Nurul Kabir, among others, was present in the AGM.

Source: New Age | 06 December 2024