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Foreign investment team now in Dhaka

BSS, Dhaka
A foreign investment delegation comprising representatives of Ireland, Singapore and several European companies is now visiting Bangladesh with a view to making investment here.
The delegation, led by A K Azad, President of Bangladesh Chamber of Industries (BCI), met Enayet Hossain Miah, member, Foreign Investment, Board of Investment (BoI) on Saturday at BoI office.
The BoI member apprised the delegation of the investment opportunities in Bangladesh, incentives and facilities available to the investors and availability of infrastructure, a press release said here yesterday.
The BCI President A K Azad also spoke on the occasion.
Dr Michael Mallon, Eugene MCIIroy, Martin Quigley, representatives of a renowned textile company of Ireland, the Singapore Company Tex-line associates pte. Ltd. Director Junior Koh, Tex-Ebo International Pte. Ltd. Country ManagerAbdullah Hil Rakib, among others, were included in the delegation.
Enayet Hossain Miah told the delegation that Bangladesh is an excellent place for foreign investment and the foreign investors are enjoying the attractive incentives.
Availing those opportunities,
foreign investors are coming to Bangladesh and making investment.
He urged the delegation to come forward for investment and said there exists a law for protection of investors in Bangladesh.
The BoI is extending all sorts of cooperation. Not only this, quick visa for foreign investors and infrastructure facilities are made available whenever it is sought.
He also said Bangladesh has adequate natural gas. Water supply is available and cheap skilled and semi skilled labour forces are other attractive factors for investment.
He also said that about 3 billion dollar has already been invested in the power sector in the mean time for its rapid development.
Highlighting the private sector role in the economy, he said BoI has included representatives from private sectors such as the FBCCI and the BCI. Government is acting as a facilitator for investment.
A K Azad urged the investors to invest in Bangladesh availing the existing and declared incentives.
He said, investment in Bangladesh is safe and viable and opportunities and facilities are better than the other neighbouring countries.