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Bangladesh is safe place for investment: PM

Published: July 02, 2019 18:26:45 | Updated: July 02, 2019 20:13:27


Prime Minister Sheikh Hasina has said currently the economy of Bangladesh is stronger than any other time.

The Prime Minister also described the country as a safe place for investment, according to agencies.

Sheikh Hasina came up with the statement while addressing the World Economic Forum (WEF)’s Annual Meeting of the New Champions 2019 in China on Tuesday.

More than 1,800 leaders including heads of state and government, business, civil society, academia and the arts across the world gathered at the meeting that formally kicked off this morning.

 “The three-day WEF Annual Meeting of the New Champions 2019”, also known as WEF Summer Davos, is taking place in Chinese city of Dalian from July 1-3 under the theme – “Leadership 4.0 – Succeeding in a New Era of Globalization”.

At the tip of Liaodong Peninsular, Dalian is a trading and financial centre in north-eastern Asia and has gained the name the ‘Hong Kong of Northern China’.

Chinese Premier Li Keqiang inaugurated the meeting at Dalian International Conference Center in China this morning.

Founder and Executive Chairman of World Economic Forum Klaus Schwab and Governor of Liaoning Province Tang Yijun also spoke at the function.

Sheikh Hasina, who arrived in the city last night on a bilateral official visit to China, attended the inaugural ceremony of the event.

The meeting will spur leaders to find new strategic models to adapt to the world’s environmental challenges, regional competition, economic disparities and technological disruption.

The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, was founded in 1971 as a not-for-profit organisation.

It was granted “other international body” status in January 2015 by the Swiss Federal Government under the Swiss Host-State Act (International Organization status requires multiple governments).

The WEF’s mission is cited as “committed to improving the state of the world by engaging business, political, academic, and other leaders of the society to shape global, regional, and industry agendas”.

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