Prime Minister’s Finance and Planning Adviser Dr Rashed Al Mahmud Titumir on Tuesday said the government is developing a new growth model, ‘Invest Bangladesh’, aimed at attracting greater investment in the industrial and manufacturing sectors to support sustainable economic development.

Advertisement

“Ensuring policy continuity and stability to attract investment, cutting red tape, ensuring access to finance and energy, improving multimodal and seamless connectivity, and creating productive and sustainable jobs are among the government’s priorities,” he said.

The adviser was speaking at a discussion organised by the National Skills Development Authority (NSDA) in the capital, marking World Youth Skills Day 2026, which was observed on July 15 under the theme “Skills for a Shared Future.”

He said developing skilled, productive and internationally competitive human resources is essential for Bangladesh’s economic growth and development.

Titumir said education and training curricula need to be modernised and new overseas labour markets need to be explored to bring young people who are outside employment, education and training back into the mainstream.

He stressed the need to strengthen initiatives to send skilled workers abroad, including the Middle East, by providing internationally recognised qualifications and skills certificates.

The adviser also called for greater opportunities for reskilling and upskilling to meet the changing demands of the global labour market.

He underscored the importance of increasing women’s participation in the formal workforce and making the best use of the country’s remaining demographic dividend.

Speaking at the event, State Minister for Expatriates’ Welfare and Overseas Employment Nurul Haque said the government has taken various initiatives to send skilled and trained workers abroad at a lower cost.

He said efforts are also underway to make the country’s economic zones fully operational within the next 18 months.

The state minister urged the private sector to play a more active role in skills development and entrepreneurship promotion.

A colourful rally was held at the start of the programme, marking World Youth Skills Day 2026.