Bangladesh will achieve at least $32 billion export earnings against the target of $33.2 billion fixed earlier for the outgoing fiscal year 2014-15, Commerce Minister Tofail Ahmed said on SaturdayHe said despite having so many bottlenecks in power, energy and infrastructure sectors, the country’s RMG, pharmaceuticals, ICT and automobile industries are moving aheadThe Minister came up with the observation at a breakfast meeting organised by the Dhaka Chamber of Commerce and Industry (DCCI) at a city hotel.During the meeting, the participants also discussed on the topic ‘Bangladesh 2030: Next Billion Dollar Opportunities’.President of International Chamber of Commerce, Bangladesh Mahbubur Rahman was present as guest of honour at the meeting attended by Ambassador of Korea to Bangladesh Lee Yun-Young, UK Deputy High Commissioner, High Commissioner of Pakistan Shuja Alam and Commercial Counsellor Farah Farooq, Commercial Officer of Danish Embassy Saadia Taufiq, Deputy Head of France Embassy Somen Dutta, Second Secretary of Indonesian Embassy Fitri fjandra Prijanti, First Secretary of Russian Embassy Andrei Bankaev, Commercial Counsellor of Turkish Embassy Tulay Uyanik, Consul Attaché of Libyan Embassy Adel A Musa, Director of UK Trade & Investment Ruzina Hasan and Brad, a representative from US Embassy in Dhaka, also attended the meeting.The Commerce Minister informed the meeting that the government was going to establish an industrial park for the ready-made garments (RMG) industry in Munshiganj.He said considering the shortage of land, this government has decided to establish 17 economic zones across the country.Speakers in their observation said Bangladesh is a preferred destination for investment.DCCI President Hossain Khaled in his welcome address said Bangladesh needs to accelerate its investment to GDP by at least 38 per cent from the existing 28 per cent in order to achieve the middle income country status.To set the country as the 30th largest economy in the world by the year 2030 and to achieve a double digit growth, the emerging country needs additional 14 per cent investment of GDP.He also invited foreign investors to invest in this country as we have skilled and easily-trainable workforce, access to global market, FDI-friendly economic zones and attractive incentive packages, among other things.
Source: https://www.observerbd.com/2015/05/31/91773.php
