Sunday | 12 January 2025 | Reg No- 06
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Sunday | 12 January 2025 | Epaper
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Financial insecurity, political uncertainty have dented investors' confidence: Touhid

Published : Sunday, 12 January, 2025 at 12:00 AM  Count : 128
Diplomatic Correspondent
Foreign Affairs Adviser Md Touhid Hossain has said on Saturday that the lack of financial security due to the political uncertainty induced by the shift of power has caused foreign investors and expatriates to lose confidence in Bangladesh.

"When someone sees political uncertainty, they do not easily want to come and invest there. This is very normal because you must ensure the security of your money, this cannot be denied," Foreign Affairs Adviser said while speaking as the chief guest of an event titled "World Conference Series 2025: Branding Bangladesh - NRB and UN Peacekeepers Leading the Way", organised by the Centre for NRB (non-resident Bangladeshis) at a city hotel.

"Restoring the confidence of foreign investors is a difficult task. We hope that a roadmap will come very soon. The interim government hopes to restore their confidence with a roadmap, when they see it, their confidence will easily return, however, once a roadmap comes, many will feel secure, and investments will flow," he added without giving any specific timeline for the announcement of the roadmap.

He acknowledged the challenges in regaining investor trust but expressed optimism mentioning the work of the interim government in this regard.

"Our goal is to transfer power to an elected government through an election. We know this should happen as soon as possible. The government is working towards this goal," Touhid said.

Highlighting the need for investment to create jobs for the growing labour force, Touhid stated, "If investments don't come, we won't be able to manage because a large number of people are entering the labour market. Sending workers abroad won't be enough; domestic employment also needs to increase. For that, investment is required."

He also addressed recent incidents of harassment at Hazrat Shahjalal International Airport, including a viral video showing a Norwegian-origin Bangladeshi being assaulted.

"Harassment in missions, at the airport, especially at the airport… I can tell you this much - even regarding the recent incident, immediate action has been taken against it. I am certain the culprit will be punished," assured the foreign affairs adviser.

He reiterated the interim government's commitment to ensuring justice for such incidents, saying, "We are determined to bring those responsible for such harassment to justice."



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Financial insecurity, political uncertainty have dented investors' confidence: Touhid
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