Bida, Bridge to Bangladesh to work for investment growth
To this end, the two organisations have signed a memorandum of understanding
The Bangladesh Investment Development Authority (Bida) and the Bridge to Bangladesh (B2B) will work together for the growth of investment in the country.
To this end, Bida Executive Member Md Matiur Rahman and Bridge to Bangladesh Vice Chairman Sajedul Chowdhury on Tuesday signed a memorandum of understanding (MoU) on behalf of their respective organisations.
Addressing the signing ceremony, Bida Executive Chairman Lokman Hossain Miah said Bangladesh has completely changed in the last decade thanks to various development programmes undertaken by the government.
Terming Bangladesh a role model for development, he said, "Power, communication, infrastructure development, per capita income, political stability, phenomenal development in every sector has made Bangladesh the best investment destination."
He further said the memorandum of understanding between Bida and Bridge to Bangladesh will make it easy to promote Bangladesh in the global market, especially in North America and European countries.
More foreign investment will come into the country through the agreement, he hoped.
Bridge to Bangladesh Vice Chairman Sajedul Chowdhury said, "We are pleased to work with Bida and will collaborate to highlight investment opportunities in the country."
He said Bridge to Bangladesh (B2B) is a social organisation which communicates with Non Resident Bangladeshis (NRBs) about investment opportunities in the country. The agreement will make it easy to highlight the benefits of investing in Bangladesh among foreign investors.
Bida Executive Members Mohsina Yasmin, Avijit Chowdhury and Bridge to Bangladesh Executive Member Anisul Kabir Jasir were also present at the event.