Diversification of investment stressed

Citibank NA Bangladesh has recently hosted a webinar titled ‘Enabling Investment Climate to Realise Great Potential’ in partnership with the Chittagong Chamber of Commerce and Industry (CCCI) and Bangladesh Center of Excellence (BCE).

The discussion focused on the diversification of investment, the readiness of economic zones to facilitate such diversification of investments and potential sectors for investment, reads a press release.

Executive Chairman of BEZA Paban Chowdhury joined the session as the chief guest and panellist.

The session was chaired by CCCI President Mahbubul Alam and moderated by Citi Country Officer and Managing Director of Citibank NA Rajashekaran (Shekar).

Chairman and CEO of Pran-RFL Group Ahsan Khan Chowdhury, Managing Director of BSRM Group of Companies Aameir Alihussain and Managing Director of Bitopi Group Miran Ali, were among the distinguished panellists at the virtual discussion.

During the webinar, Chief Guest Paban Chowdhury said, “The Special Economic Zones are changing the industrial landscape of Bangladesh and to raise the contribution of the SMEs to the GDP, we are making a separate SME zone in Bangabandhu Shilpanagar in Mirsarai.”

CCCI President Mahbubul Alam praised the efforts of the government in developing economic zones across the country and emphasised especially on the importance of guiding the investors in choosing the appropriate sector for investment so that investment doesn’t get concentrated in a limited number of sectors.

“Investors need to be guided on finding the right sector for investment which should be a part of a comprehensive investment diversification strategy,” he said.

Pran-RFL Group Chairman and CEO Ahsan Khan Chowdhury called upon investors and businessman to cash in on the tremendous potential of business growth in Bangladesh backed by the facilitation of the government.

“Bangladesh will continue to grow to change the lives of millions. If you have the right spirit, passion and desire to grow, others will follow. If the country grows, businesses will automatically flourish,” he said