image Courtesy: BGMEA
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Bangladesh as a preferred place for investment: BGMEA President


Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has invited foreign investors, including the Bangladeshi businessmen living within the US, to settle on Bangladesh as their preferred and ideal investment destination.

“With consistent economic process over the past decade; an outsized , young and vibrant workforce; strategic location, political stability, growing infrastructure, Bangladesh has emerged as a perfect place for investment,” he said while speaking at the 12th Annual Business Summit as a special guest.

The American Bangladeshi Business Alliance organised the event in ny recently, said the BGMEA Saturday.
Faruque highlighted the prospect of investment in several promising sectors, including high value-added and non-cotton textiles, spare parts, textile machinery, light engineering, ICT, leather, pharmaceuticals, ceramics and shipbuilding at the programme.

“Bangladesh offers an investment-friendly environment, with favourable fiscal and non-fiscal policies for the foreign investors; economic zones being established, mega infrastructures developed,” the BGMEA president said.

“So, i might wish to encourage the US businessmen and therefore the non-resident Bangladeshis within the US to explore Bangladesh more and make an investment,” he added.

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