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‘Bangladesh now a place of trust for foreign entrepreneurs’

5 || risingbd.com

Published: 13:38, 31 January 2019   Update: 15:18, 26 July 2020
‘Bangladesh now a place of trust for foreign entrepreneurs’

Staff Correspondent: Finance Minister AHM Mustafa Kamal said after getting the initial recognition of a developing country status, Bangladesh has become a place of trust for the foreign entrepreneurs and investors due to the ongoing friendly investment situation and socioeconomic development in various fields alongside growing GDP growth.

The finance minister said this when a delegation of the World Bank Dhaka office, led by its outgoing Country Director Qimiao Fan, met him at his ERD office at Sher-e-Bangla Nagar in the capital on Thursday.

Acting Country Director of World Bank Robert Saum was present at this time.

“Bangladesh is now a country of bright and immense potential…our capacity has increased a lot and that’s why all the lenders, including World Bank, want to extend credit to Bangladesh,” Kamal said.

Mentioning that Bangladesh is now having good time with the Washington-based lending agency, the finance minister hoped that the overall support of the World Bank would increase in the coming years as the present World Bank team in Dhaka understands better the needs of the country.

Acting Country Director of World Bank Robert Saum praised highly the economic progress of Bangladesh, women’s employment and empowerment, hoping that the existing ties between the World Bank and Bangladesh would be further strengthened in the future.


risingbd/Dhaka/Jan 31, 2019/Hasibul/AI

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