Bangladesh calls European investors to invest in SEZs

BDApparelNews Desk
29 April 2019  

A flag of the European Union. Photo Courtesy: Centre for Policy Dialogue

A flag of the European Union. Photo Courtesy: Centre for Policy Dialogue

Bangladesh has reiterated its call to European investors to invest in the country’s 100 special economic zone (SEZs) and reap the package of opportunities on offer.

“Bangladesh has adopted a liberal trade policy. We have made the ease of doing business easier for our foreign investors,” Commerce Minister Tipu Munshi said during discussions with a top forum of European Union on April 28, 2019, reads a press release of the ministry.

“We are progressing fast in the 100 Special Economic Zones (SEZs) project of Prime Minister Sheikh Hasina. European investors can reap profits by investing in these economic zones.”

“Bangladesh has removed corruption from the business and investment process, and made it much easier. There is no scope for any harassment now. We are giving complete solution package through one-stop service. We have taken strong measures to curb harassment of any investors who are investing in Bangladesh,” he said.

Minister Munshi was speaking at a press briefing after the ‘5th European Union-Bangladesh Business Climate Dialogue’, held at his ministry.

“The Bangladesh Business Climate talks has been successful. We discussed the problems in a friendly atmosphere. We hope trade barriers will not be a problem in Bangladesh in the future. Bangladesh is headed in the right direction,” said Rensje Teerink, head of European Union’s delegation in Bangladesh, after the meeting.

Officials of other European Union member states also attended the meeting.