Foreign Minister stressed on increasing foreign direct investment (FDI) in economic zones to achieve the goal of building the golden Bengal of dreams to accelerate the development of Bangladesh. AK Abdul Momen. Noting that FDI can play an important role in accelerating industrialization, increasing employment and exports and transferring high skills and technology, he said, Extend:
Foreign Secretary Masood bin Momen, Bangladesh Economic Zones Authority (BEZA) Executive Chairman Pawan Chowdhury, heads of Bangladesh missions abroad, investors and senior officials of various ministries and departments took part in the webinar. Momen said Bangladesh's economy is moving in the right direction under the right leadership and 10 percent GDP growth will take the country further on the path of fulfilling the dream of Father of the Nation Bangabandhu Sheikh Mujibur Rahman's Sonar Bangla. The Foreign Minister said that increased FDI in Bangladesh could be an important factor in achieving the status of a developed country by 2041. Momen said the Ministry of Foreign Affairs has been playing a vital role in attracting more foreign investment to Bangladesh through its overseas missions.
There are five components of economic diplomacy which include increased FDI and portfolio expansion, export growth and diversification, improved service delivery, lucrative employment, human resource and technology transfer. Momen said the Ministry of Foreign Affairs and foreign missions are working closely with all investment authorities and ministries in Bangladesh to further strengthen the country's trade and investment sectors. Bangladesh has been praised worldwide for its GDP growth and sustainable socio-economic development. Foreign Minister Momen said, “This has been possible because of the attentive and supportive government in formulating pragmatic policies, providing attractive incentives and increasing investment opportunities in the country.
