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Muhith woos Norway to utilise FDI incentives

| Updated: January 23, 2018 13:25:15


Muhith woos Norway to utilise FDI incentives

Finance Minister AMA Muhith urged Norway to invest in Bangladesh’s leather and pharmaceutical sectors.

Muhith also said that Bangladesh offering various incentives to foreign investors for attracting Foreign Direct Investment (FDI).

"We are well prepared for attracting FDI", he said, according to BSS.

The finance minister told it to a a 15-member delegation of Norway when they met him at the formers office.

The senior minister said Bangladesh Investment Development Authority (BIDA) would make the rules and regulations for making investment easier.

He also said the business environment improved a lot in the past few years following a stable political situation.

Urging Norwegian investors to invest in the country, the minister said there are huge demands for investment in the country's leather and pharmaceutical sectors as export of leather products and medicines are on the rise in the global markets.

The finance minister also informed the Norwegian team that the government is establishing technical schools in every upazillas across the country to cater the needs of skilled manpower.

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