DHAKA, April 11, 2019 (BSS) – Executive Chairman of Bangladesh Investment Development Authority (BIDA) Kazi M Aminul Islam today expressed his firm optimism that the flow of foreign direct investment (FDI) to the country will expedite soon.
“One-stop service center has been established. We are working relentlessly to create an investment-friendly environment in the country. We are trying to meet the gap of different indices, including ‘Ease of Doing Business’,” he said in meeting with a delegation of Japan International Cooperation Agency (JICA) at BIDA headquarters in the city, said a press release.
Aminul Islam said peaceful political environment is prevailing in the country and the government is very investment-friendly.
“Now, Bangladesh has a very convenient situation for investment. GDP, per capita income and reserve have increased in Bangladesh. Inflation is almost fixed. Even in the election year, there was no unexpected inflation,” he added.
The BIDA chief said Bangladesh is in the second position in the world in terms of corporate profitability, due to the widespread development of different sectors, like safe investment, manpower, power and energy, communications and information technology.
He said “Globally, FDI decreased by around 19 percent in the last fiscal year. Bangladesh’s position was better than that.”