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South Asian Update
South Asian Update


Bangladesh PM Offers dedicated economic zone for British investors

 Published: 12:49, 29 January 2024

Bangladesh PM Offers dedicated economic zone for British investors

Bangladesh's Premier Sheikh Hasina extended a warm invitation to British investors, proposing the establishment of a dedicated economic zone for them. 

The Prime Minister emphasized the significant priority placed on foreign direct investment (FDI) in Bangladesh, with ongoing efforts to create 100 economic zones, high-tech parks, and incubation centers nationwide.
During a courtesy meeting at her official residence, Ganabhaban, with a British cross-party parliamentary delegation led by Virendra Sharma, MP, Vice Chair of All Party Parliamentary Group (APPG) on Bangladesh and Chair of APPG on Indo-British, Prime Minister Hasina expressed her commitment to facilitating a conducive environment for foreign investors. 
She highlighted the option of allocating a separate economic zone specifically for British investors, a gesture mirroring similar initiatives extended to other countries.
PM's Speechwriter M Nazrul Islam briefed newsmen after the meeting, indicating the positive and constructive discussions that took place. 
The British parliamentary delegation, consisting of Paul Scully, MP, former Conservative Minister for Tech and Digital Economy; Neil Coyle, MP, Member of UK House of Commons Select Committee on Foreign Affairs; Andrew Western, MP, Opposition Whip at the House of Commons; and Dominic Moffitt, Senior Parliamentary Assistant at House of Commons, pledged their commitment to collaborate closely on advancing development initiatives for the socioeconomic progress of Bangladesh and its people.
This diplomatic exchange signals the eagerness of both nations to strengthen economic partnerships, potentially opening new avenues for British investors to contribute to Bangladesh's growth while fostering mutually beneficial relationships.


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