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The government has invited foreign investors to develop infrastructure under the public private partnership as it is not willing to depend on loans.
Private Industry and Investment Adviser to the Prime Minister Salman Fazlur Rahman made the call in the Business Summit on Sunday.
He was speaking as a keynote speaker at Plenary Session 1 on ‘investment opportunities in key sectors’.
Commerce Minister Tipu Munshi was the special guest of the programme, moderated by Md Jashim Uddin, president of FBCCI.
Mohammad Tofazzel Hossain Miah, principal secretary to the PM, was the session chair, while Anne-Marie Trevelyan, state minister (indo-pacific) UK, was the guest of honour.
AK Azad, former FBCCI president, Ki-Hak Sung, chairman and Chief Executive Officer Youngone Corporation, Masumi Kakinoki, president and CEO of Marubeni Corporation, Jong Won Kim, Director General of Green Growth Department Korea Trade-Investment Promotion Agency (KOTRA) and Rosie Glazebrook, chief executive of Commonwealth Enterprise and Investment Council (CWEIC) attended the programme.
The three-day Summit kicked off Saturday at Dhaka city’s Bangabandhu International Conference Centre (BICC), organized by Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
Mr Rahman requested investors for availing competitive advantages in Bangladesh including labour, energy cost, tax incentives.
The prime minister has vowed to break down bureaucratic delays and concentrate more on PPP projects, he said.
The government is giving more priority to doing development work under PPP projects than through loans, he added.
Mr Rahman said Matarbari deep-sea port would be a real game changer for the country by 2026.
"Everybody seems surprised about how Bangladesh has come to this position without having a deep sea port," he said.
He underscored the need to focus on the technological skill development of primary-level students to prepare the country’s human resources for the fourth industrial revolution.