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Maximum facilities now on offer for entrepreneurs: PM

BEPZA International Investors' Summit 2018 begins

| Updated: January 25, 2018 11:22:13

Maximum facilities now on offer for entrepreneurs: PM

Prime Minister Sheikh Hasina has said Bangladesh is an excellent investment destination as the country provides maximum facilities for entrepreneurs.

Sheikh Hasina also invited both the local and foreign entrepreneurs to invest in Bangladesh.

The Prime Minister made the call while addressing the inaugural ceremony of BEPZA International Investors' Summit 2018 at Bangabandhu International Conference Centre in the capital on Wednesday.

"There is ample scope to invest in every sector, including the country's export processing zones run by BEPZA and economic zones," the Prime Minister said.

She said no other country perhaps can ensure such excellent investment-friendly atmosphere.

"We are providing maximum facilities, including cent percent repatriation of capital and profit and tax holidays," Sheikh Hasina said.

The Prime Minister mentioned availability of huge skilled and relatively low-cost workers in her country.

Sheikh Hasina said there is no hurdles in the fields of electricity, energy, roads and other infrastructure facilities in Bangladesh.

She said Bangladesh Export Processing Zones Authority (Bepza) has already made the country's EPZs as attractive destinations for the investors of both home and abroad.

She said some 468 industries are in operation in eight EPZs set up on 2307.27 acres of land.

Hasina said the EPZs under Bepza are contributing about 20 per cent of the total national exports and foreign investment to the economy.

Due to investment friendly policies, investors from 38 countries, including China, Japan, South Korea, India, the USA and the UK have been producing world famous brand items in the factories of EPZs, she added.

The Prime Minister said BEPZA has undertaken an initiative to establish low-carbon green zone.

She urged the workers of factories not to not to harm their factories at the instigation by any vested quarter.

According to UNB, the Prime Minister said her government always gives importance to workers-owners management relationship and enacted `EPZ Workers Welfare Council and Industrial Relation Law 2010' for protecting the rights of workers.

"The workers are now getting healthcare services and medicines free of cost. Women workers are enjoying maternity leave and other benefits," she added.

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