Bangladesh Bank (BB) Governor Dr. Atiur Rahman has urged Indian businesses to utilise Bangladesh’s investment scope like low cost manufacturing base to produce goods for local, Indian, and global markets, and also exploring market access for exports from the country. “India, our closest large neighbor is partnering with us in promoting trade and investment linkages, with much needed investments in railway and other communication infrastructure,” the central bank chief said while addressing a seminar as the principal discussant. The seminar titled ‘India-Bangladesh Relation: Regional Prosperity and Amity,’ was organised by the Rastrabiggan Samity on Friday, according to a BB press release. BB governor also said cooperation in this area has much further to expand and deepen, including in developing new Special Economic Zones (SEZs). “With demographic dividend of large pool of low cost labor force, Bangladesh is now a fertile base for massive volumes of new investments in the areas of manufacturing, infrastructure, education and technology,” the governor explained. He also said: “Under the dynamic leadership of Prime Minister Sheikh Hasina, Bangladesh is already a robustly growing developing economy steadily gaining in macroeconomic stability and external sector strength on transition path to a higher growth trajectory.” Held at Senate Bhaban in Dhaka University, the seminar was attended by a large audience that included academics, experts and policy makers from various government and non-governmental organizations.
