BSS-08 PM-DITF-LIGHT-ENGINEERING-3-LAST DHAKA

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ZCZC

BSS-08

PM-DITF-LIGHT-ENGINEERING-3-LAST DHAKA

The premier also stressed the need for exporting not only the raw
materials but also the processed products to increase export of the agro-
processed items, frozen lobsters, frozen fish, mango, and potato.

Noting that the number of export oriented products is increasing, Sheikh
Hasina said, “We are now exporting 766 products in 202 countries while the
export products and service now stands at $ 46.87 billion.”

The prime minister said Bangladesh has been able to keep its strong
position on export sector despite having unfavorable environment in trade
sector of the world due to the time-befitting measures taken by her
government.

Asking for find out more foreign markets for Bangladeshi products, she
said, “Wherever I go, I asked the foreign missions to extract more markets
for Bangladeshi products. Wings have been opened in mission abroad to pursue
the job.”

The premier called upon the foreign investors to choose Bangladesh as
business abode to enjoy the win-win situation.

Spelling out her government measures taken for the overall development of
the country, she said, “Bangladesh has achieved 8.15 percent in GDP growth.
Despite having decreasing trend in GDP growth across the globe, Bangladesh is
continuously increasing its GDP growth.”

She said Bangladesh is looking for accelerating its present 8.15 percent
GDP growth while $1,909 per capita income will increase in the future with
coming down the poverty rate to 20.5 percent from 41.

The prime minister said, “Bangladesh has become main power in the Asia
Pacific in terms of economic growth in accordance with the Asian Development
Outlook Update-2019.”

She added that the report predicts the rate of economic growth of
Bangladesh will be higher in comparison to China and India.

The premier said as per the World Bank report-2020, Bangladesh has secured
168th position among 190 countries in terms of ease of doing business in the
last year with upping eight steps while Bangladesh has achieved 72nd position
from the last year’s 89th position in case of having security of investors.

Sheikh Hasina said her government has taken every possible measure in
easing doing business and for this reason, taskforce have been formed.

The premier said it is immensely needed to attract investment in the
economic sector particularly in industry and productive projects to achieve
the Sustainable Development Goals (SDGs).

She said being the gateway of other South Asian nations Bangladesh is
connected with 4 billion consumers alongside the country’s own market of 17
crore people.

The premier said due to its geographic advantage Bangladesh could also
emerge as bridge between the Oriental and Western countries.

She said her government has been implementing various projects for
building infrastructure and development of the roads alongside the water,
rail and air ways to develop the communication system for easy transportation
of goods.

Steps have been taken for establishing communications among Bangladesh,
Bhutan, India and Nepal while the BCIM corridor will link Bangladesh, China,
India and Myanmar to expand their trade and businesses, she added.

BSS/AHJ/GMR/1500 hrs