Bangladesh full of opportunities

Prime Minister Sheikh Hasina yesterday invited United Arab Emirates investors to avail lucrative opportunities in Bangladesh, harness its potentials, and make the country their home.

"Come and make Bangladesh your home. I assure you all that Bangladesh is now a land of lucrative opportunities," she said.

Hasina made the call while addressing the Bangladesh-UAE Joint Business Council virtually.

The PM said Bangladesh will become "Sonar Bangla" as envisioned by Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

She said Bangladesh has been one of the very few economies in the world that grew even during the pandemic.

"Our sustained growth has been made possible by clear vision, prudent planning, sound governance, political stability, and tireless efforts of our hard-working people and spirited entrepreneurs. Today, Bangladesh has emerged as a Development Miracle."

In this connection, the premier mentioned that the Centre for Economics and Business Research (CEBR) predicts that Bangladesh will become the 24th largest economy of the world by 2036.

Hasina said Bangladesh is on its way to turn its $416 billion economy into one of the largest in the world soon and become a developed country by 2041.

"Bangladesh is moving fast in urbanisation, industrialisation, and in increasing tele-density to connect individuals to governance, innovation and markets. Our aim is to connect our factors of production seamlessly into the global markets."

The PM said Bangladesh offers a huge domestic market of more than 168 million people while its population is young, energetic, and ambitious.

"All these advantages make Bangladesh an attractive destination for investors, and a future manufacturing, and economic hub of the region."

She said her government is ready with both policy and infrastructure support to make sure that investors choosing to make Bangladesh their home find only the best in the world.

Hasina said Digital Bangladesh that the government had aspired for almost 12 years ago is now a reality.

"I, therefore, invite you to come and partner with us," she said.

The premier felicitated the business leaders of the UAE and Bangladesh for launching the joint business council.

Speaking at another event, Hasina yesterday put forward a three-point suggestion for ensuring food security in the Asia-Pacific region and strengthening collaboration among countries in the field of agricultural research and education.

The PM was addressing the inaugural ceremony of the 36th Session of the FAO Regional Conference for Asia and the Pacific as the chief guest.

She joined the hybrid event virtually from her place of residence in Abu Dhabi.

Bangladesh is hosting the regional conference in Dhaka for the first time.

Making her second suggestion, Hasina said, "Transfer and sharing of cutting-edge technologies like bio-technology, nanotechnology, and robotics in the agricultural sector need to be strengthened among FAO member states in the region."

In the third recommendation, she said as modern agriculture needs huge investment, a special fund could be created to finance and support the agriculture sector.

Hasina said the Covid-19 pandemic revealed how vulnerable human beings are in the face of such disaster. It has also revealed how the human race can face such challenges by acting together.

"Food security is surely the most pressing issue for people. About 305.7 million people in South Asia still suffer from hunger. We can arrange food for them easily if we all make a sincere effort," she said.

The PM declared the 36th Session of the FAO Regional Conference for Asia and the Pacific open.

Director-General of the Food and Agriculture Organization (FAO) QU Dongyu and Fisheries and Livestock Minister SM Rezaul Karim spoke at the conference, presided over by Agriculture Minister Muhammad Abdur Razzaque.