DCCI committed to work with BIDA to boost investment

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DHAKA, Jan 4, 2021 (BSS) – Newly elected President of Dhaka Chamber of
Commerce and Industry (DCCI) Rizwan Rahman today called on Executive Chairman
of the Bangladesh Investment Development Authority (BIDA) Md Sirazul Islam at
the BIDA head office in the city.

DCCI Senior Vice President N K A Mobin, Vice President Monowar Hossain and
Secretary General Afsarul Arifeen were also present at that time, said a
press release.

During the conversation, Md Sirazul Islam said despite of Covid situation
all over the world BIDA keeps up its communication with different investment
organizations and companies through online.

He said local investment in Bangladesh increased by 27 percent in 2020
than the last year shows the strength of our entrepreneurs.

A mother vessel has come to Matarbari deep sea port for the first time
which is a good sign for the investors and after the full operation of this
port it will help reduce cost of doing business, he added.

He said the government is trying to interlink between different multimodal
transportation system like road, rail and water to reduce time and cost.

He also said Padma Bridge is now a reality and opens up scope of
industrialization in the southern part of the country.

To commemorate the birth centenary of Bangabandhu, the BIDA chief informed
that BIDA will organize “Thousand Entrepreneurs Conclave” and “Bangabandhu
Memorial International Investment Summit” this year where he requested DCCI
to provide necessary cooperation.

Rizwan Rahman said DCCI is organizing an international business conclave
to lure foreign direct investment and joint ventures in the country utilizing
online platforms.

He said for investment development, first of all we have to ensure an
investment friendly environment and policies.

DCCI is planning to organize roadshows in different potential countries to
attract FDI and he sought cooperation from BIDA in this regard.

He also said the effective implementation of OSS is the key to increase
the investors’ confidence. The more services added to the OSS, the more
confidence will grow, he added.