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SATURDAY, MAY 24, 2025
BNP, Jamaat, NCP to engage with investors at Investment Summit

Economy

TBS Report
23 March, 2025, 05:55 pm
Last modified: 23 March, 2025, 10:31 pm

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BNP, Jamaat, NCP to engage with investors at Investment Summit

The summit, hosted by Bida, will take place from 7-10 April in Dhaka

TBS Report
23 March, 2025, 05:55 pm
Last modified: 23 March, 2025, 10:31 pm
Representational image. Photo: Bida
Representational image. Photo: Bida

The BNP, Jamaat-e-Islami, and the National Citizen Party (NCP) will collaborate with various organisations to foster a stable and long-term investment environment at the upcoming Bangladesh Investment Summit.

At a media briefing held at the Bangladesh Foreign Service Academy today (23 March), Bangladesh Investment Development Authority (Bida) Executive Chairman Chowdhury Ashik Mahmud Bin Harun announced that separate rooms will be allocated for these political parties at Hotel InterContinental Dhaka during the summit.

The summit, hosted by Bida, will take place from 7-10 April at Hotel InterContinental Dhaka. 

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Chief Adviser Dr Muhammad Yunus will formally inaugurate the event on 9 April, joined by ambassadors, top business executives, and policymakers.

Chowdhury Ashik highlighted that the primary goal of involving political parties is to improve the investment climate in Bangladesh. 

Bangladesh to showcase real stories to global investors at Investment Summit: Bida chief

He added that the interim government is committed to enhancing the investment environment, a commitment that will extend under the next administration. Major ministries and investment-related organisations will also have dedicated rooms at the summit.

Starlink to provide live connectivity

US telecom giant Starlink will provide live internet connectivity during the summit's demonstration on 9 April. 

"The opening ceremony will be broadcast via Starlink on a trial basis, with commercial operations expected to commence shortly afterward," Ashik stated.

Global participation

The summit will see participation from countries including China, the US, the UK, India, Singapore, and Japan. 

High-profile business leaders from major global corporations such as Zara Group, Sultan Port, Dubai Economic Department, Samsung, Meta, and Uber are expected to attend.

To facilitate future investments, there will be a dedicated area for signing MoUs and agreements. 

On 7 and 8 April, investors will visit the Korean Export Processing Zone and two economic zones. Breakout sessions covering diverse sectors will take place on 9 and 10 April.

Showcasing economic landscape

The summit will feature specialised meeting rooms for investor discussions, including delegation spaces in the boardroom, lounge, and conference halls like Modhumati and Turag. Networking areas will be available on the second floor of Hotel InterContinental.

The primary objective of the summit is to present an accurate picture of Bangladesh's economic landscape to international investors.

Climate reforms

Ashik underscored the government's recent reforms aimed at improving the investment climate, emphasising visible progress between 2024 and 2025. 

"Investors will no longer need to pay bribes to conduct business in Bangladesh," he said.

While acknowledging short-term disruptions, he reassured that foreign investors remain engaged. For instance, an investor planning a $100 million investment in April might delay it by two months due to temporary issues, he explained.

The summit has already drawn significant interest, with over 550 investors from 50 countries registered, alongside more than 2,500 Bangladeshi investors.

A cultural segment will also showcase Bangladesh's rich heritage, providing international investors with a holistic view of the nation beyond its economic potential.

Top News

BNP / Jamaat-e-Islami / National Citizen Party (NCP) / Bangladesh investment Summit / Bangladesh

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