e-News® | The NEWS Company…DHAKA, Nov 10, 2015 : Bangladesh Bank (BB) Governor Dr. Atiur Rahman has urged the non-resident Bangladeshis (NRBs) to invest more in Bangladesh for making their investment secure and profitable with taking full advantage of all available facilities.
“We’re welcoming investment in different sectors particularly in the planned hundred plus economic zones across the country,” the Governor said while addressing a global conference of the NRB Center at Hotel Crown Plaza in Dubai on Tuesday, said a BB release. He also said the Bangladesh Economic Zones Authority (BEZA) would wholeheartedly welcome the NRB investors in these special economic zones. The central bank chief highlighted the unprecedented macro and financial stability in Bangladesh with steady economic growth bolstered by simultaneous growth in the agriculture, service and manufacturing sectors. He also particularly appreciated the role of NRBs in the United Arab Emirate (UAE) for sending nearly $3.0 billion of remittances during last fiscal year.
“Few UAE based NRB entrepreneurs are also making huge investment in Bangladesh,” Dr. Rahman said. The governor urged the NRBs to remain optimistic about vibrant Bangladesh, and to do everything within their reach to enhance the image of the country. Dr. Rahman participated in the conference after his arrival in the city from San Francisco, where he gave a keynote address at the ‘Bangladesh Development Initiative (BDI) 2015 Conference’.
He made a stopover in Dubai on his way to a global conference on ‘Islamic Finance: Meeting Global Aspirations’, organized by the International Monetary Fund (IMF) and Central Bank of Kuwait. Dr. Rahman advised Janata Bank Limited, the lone Bangladeshi bank working in the UAE, to listen to the needs of the local business people and respond to their calls without delay. He also asked the state-owned commercial bank to complete its ATM project as soon as possible and to provide SME loans to the young entrepreneurs in the UAE. The governor advised the NRBs to take advantage of the recently launched RTGS, linked with SWIFT for fast transactions.
Shekil Chowdhury, Chairman of NRB Center, presided over the conference while Consulate General of Bangladesh in Dubai and Chief Executive Officer (CEO) of Standard Chartered Bangladesh Abrar Anwar spoke on the occasion.
