BD now most suitable for US investment: Titumir

Prime Minister’s Adviser on Finance and Planning Dr Rashed Al Mahmud Titumir has described Bangladesh as the most effective and suitable destination for US investors.

He made the remarks while addressing a round-table discussion organised by the Business Council for International Understanding (BCIU) in Washington, DC, on Thursday as the chief guest.

State Minister for Power, Energy and Mineral Resources Aninda Islam Amit attended the programme as a special guest, according to the Press Wing of the Bangladesh Embassy in Washington.

The discussion provided an opportunity for US business leaders to engage directly with a senior member of the government of Bangladesh on the country’s economic outlook, reform priorities, investment climate, and
efforts to strengthen trade and investment ties with the US, according to the BCIU.

In his speech, Titumir said Bangladesh is now governed by a democratic administration, led by Prime Minister Tarique Rahman.

He added that citizens have placed their trust in the BNP, continuing the legacy of Shaheed President Ziaur Rahman and former Prime Minister Begum Khaleda Zia.

“Prime Minister Tarique Rahman is working responsibly to fulfil public trust. Bangladesh is now a very effective and suitable country for US investors,” the adviser said.

State Minister Amit said Bangladesh has a large workforce and the government is taking initiatives to ensure energy security.

He also said efforts are underway to import LPG from the US, adding that energy stability is being ensured for investors.-- UNB