|
|
Change Your Life! |
Investment in
northern region is neglected |
|
News |
April 6, 2000
Bogra, Apr 5 (UNB) – Despite immense potential, industrial investment in the northern region is not getting expected pace due to bureaucratic bottlenecks and lack of capital and infrastructure. Bogra Chamber of Commerce and Industry President Amzad Hossain came up with the observations at a seminar on “Investment Prospects in Northern Region of Bangladesh” organized by the Board of Investment here today (Wednesday). BOI executive chairman M Mokammel Haq also addressed the seminar organized as a part of the Board’s current mission to encourage region-based investment aimed at equitable development of all parts of the country. The BOI will shortly arrange a similar seminar in Khulna where the prospect and problems of invest in the southern industrial belt will be discussed. For investment in the northern region, the Bogra Chamber president emphasized creating an investment-friendly atmosphere, infrastructural development and soft-term loans from the financial institutions. Presiding over the seminar Rajshahi divisional commissioner Khan Shahabuddin assured that all administrative complexities would be removed for investment in the laggard northern part of the country. Elaborating steps taken by the present government, BOI executive director Mokammel Haq told the seminar that an investment-friendly atmosphere was now prevailing in the country. He informed that in last three-and-half-year period, a total of 5,473 investment proposals worth 10.74 billion US dollars had been registered with the Board of Investment. BOI executive council member M Hafizuddin Sarkar presented the keynote speech. Among the discussants were MD of Rajshahi Krishi Unnayan Bank AKM Sajedur Rahman, FBCCI director Mamtaz Uddin and deputy commissioner M Shamsul Haq.
|