First News
Volume:7, Number:36
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Indian Entrepreneurs Urged to Invest in Bangladesh

| Navid Ahmed |

Planning minister AHM Mustafa Kamal has urged the Indian entrepreneurs to invest in Bangladesh's rail communications, power, transport and other infrastructure sectors for overall development of the country. "Bangladesh has now emerged as an attractive destination for foreign investment due to the government's investment-friendly policy," he said when Indian high commissioner to Bangladesh Harsh Vardhan Shringla called on him at his office in Dhaka on March 9. During the meeting, they exchanged views on different bilateral issues and progress of various development projects being implemented under the USD2-billion Indian Line of Credit. Bangladesh signed the loan agreement with India last year to implement 14 projects in railway, road transport, power, education, vocational training, health, ICT, shipping, and economic zones. Highlighting Bangladesh's progress in different development index, Kamal said the country has witnessed remarkable progress during the last eight years due to dynamic and visionary leadership of prime minister Sheikh Hasina. He also said that Bangladesh has already been upgraded as a lower middleincome country and is now moving forward with a mission to become a developed country by 2040 through eradication of poverty by 2030.

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