PM seeks larger US investments in Bangladesh

PBC News:  Prime Minister Sheikh Hasina on Thursday called upon the US investors to make investments in various sectors that included renewable energy, shipbuilding, automobile and pharmaceuticals in Bangladesh saying that Bangladesh is pleased to offer a special economic zone for them.

“I would like to invite US investors to invest in renewable energy, shipbuilding, automobile, pharmaceuticals, heavy machineries, chemical fertilizers, ICT, marine resources, shipbuilding, medical equipment, and COVID-19 vaccine manufacturing in Bangladesh,” she said.

While delivering her address at the high-level Policy Roundtable organised by  the US–Bangladesh Business Council at her palace of residence here, she said that Bangladesh has liberal investment policy, which included foreign investment protection, tax holiday, remittances of royalty; unrestricted exit policy; full repatriation of dividends and capital on exit, BSS reports.