25 priority initiatives taken to boost investment, job creation: PM
"This 180-day plan aims to strengthen the foundation for investment growth through short-term administrative, institutional, and infrastructural measures to promote a business-friendly environment," he said.
Prime Minister Tarique Rahman has said that 25 priority initiatives have been undertaken to expand local business, create employment, and ensure a better environment for investors.
He made the remarks in response to a written question from Cox's Bazar-9 MP Md Abul Kalam in parliament today (29 April).
The MP had asked about the joint action plans of the government's four investment development agencies to improve the country's investment climate and accelerate job creation.
Keep updated, follow The Business Standard's Google news channel
In reply, the prime minister said the Bangladesh Investment Development Authority (Bida), Bangladesh Economic Zones Authority (BEZA), Public Private Partnership (PPP) Authority, and Maheshkhali Integrated Development Authority (Mida) have jointly prepared a 180-day plan.
He said, "This 180-day plan aims to strengthen the foundation for investment growth through short-term administrative, institutional, and infrastructural measures to promote a business-friendly environment."
He added, "At the same time, it is expected to contribute to job creation, industrialisation, simplification of government services, improvement of logistics efficiency, and long-term economic growth acceleration."
According to prime minister, the plan includes 25 priority initiatives under three pillars—50% focused on improved infrastructure, 30% on investment facilitation, and 20% on investment development-related initiatives.
