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Invest more in Bangladesh

President urges Canadian entrepreneurs

UNB, Dhaka
President Zillur Rahman yesterday urged the Canadian entrepreneurs to invest more in the country's potential sectors, including power, energy, textile, garments and food processing, and avail the investment facilities offered by the government.
“In this regard, the envoy can play a great role in prodding comprehensive information about the Bangladesh’s incentives, including tax exemption and full repatriation of capital and profit," he said while Canadian High Commissioner to Bangladesh Robert McDougall paid a courtesy call on the president at Bangabhaban.
Welcoming the envoy, the president thanked him for his supportive role at different times and expressed his great appreciation for the people and the government of Canada for their assistance in .‘strengthening democracy in Bangladesh providing240,000‘ transparent ballot boxes for
general elections held on December 29 last year.
Terming Canada as an important development partner of the country, he said Bangladesh attaches great importance to her relations with Canada and hopes that the bilateral relations between the two countries would strengthen further in the coming days.
Zillur mentioned Canada's laudable contributions to Bangladesh through the Canadian International Development Agency (CIDA). particularly in rural electrification, communication infrastructure and social development.
He proposed that the two countries could cooperate in a variety of fields including technology transfer, scientific, cultural and educational exchanges, and poverty alleviation through establishing Canadian projects.
Canadian High Commissioner Robert McDougall, viio presented his credentials on October 20 last
year, expressed his happiness over seeing the last general election held in a free, fair credible manner.
Terming Bangladesh as a country’ with immense potential, he said this country’w ould be able to reach the zenith of development in coming days as Bangladeshis are both hard working and courageous enough to face any problems.
Referring to the recent carnage at BDR headquarters, the High Commissioner expressed his great sorrow and deep sympathy to the bereaved families and the government.
He also assured the president that his government would extend more cooperation in strengthening the existing bilateral relations.
Secretary to the President's Office Mohammad Shafiul Alam, Military Secretary to the President Brig Gen Md Ehtesham UI Haque and President's Press Secretary Atfduf Awal Howladetj^ele present during the meeting.