Bangladesh looks to lure companies leaving China
Bangladesh is going to form a taskforce to make a strategic plan on "how to attract the companies, which are leaving from China," to invest here.
"Many factories are moving out of China. Indonesia, India and Vietnam have already offered several packages luring the companies to invest in their countries," said Commerce Minister Tipu Munshi in a meeting at the Secretariat office in the capital today.
"We will make a plan to attract the companies, after reviewing the offers of other countries," the minister added.
"Japan Embassy has sent a list of the Japanese companies, those moved from China, to us. We are communicating with them," said Foreign Minister Abdul Momen.
He also said, "Foreign investors sometimes say, they have to face three governments while investing in Bangladesh. One is Bangladesh Bank, another is Commerce Ministry and last one is NBR."
Salman F Rahman, private sector industry and investment adviser to Prime Minister Sheikh Hasina, said, "We should not waste time talking about it. We have to start immediate action on attracting the foreign companies."
