ZCZC
BSS-48
BIDA-FEMOZA-AWARD
BIDA wins FEMOZA award
DHAKA, Oct 30, 2019 (BSS) – Bangladesh Investment Development Authority
(BIDA) has won the prestigious FEMOZA award from FEMOZA, the world free and
special economic zones federation.
The Board of FEMOZA, in a recent message, confirmed BIDA’s selection for
the award, according to a press release received here today.
The award will be handed over in the ‘SU-Meet in Monaco’, a sovereign city-
state on the French Riviera in Western Europe, at FEMOZA awards giving
ceremony scheduled to be held on November 13-15, 2019.
The Board of the FEMOZA, a Geneva-based non-profit and non-governmental
organisation, nominated BIDA for the award as Bangladesh is a winning
combination with its competitive business-friendly environment.
Bangladesh has a strong local market and growth, low cost of energy, proven
export competitiveness, competitive incentives, export and economic cones,
BIDA sources said.
Besides, Bangladesh is one of the most attractive investment destinations
among the global entrepreneurs where risk factors of foreign direct
investment (FDI) are very law, the sources added.
BSS/PR/KUC/SSS/1855 hrs