Bangladesh: Economic Reforms

Bangladesh: Economic Reforms

 Bangladesh may be a interesting story to sell before the world investors and therefore the in progress economic reforms got to be intense, reports UNB.

This was aforementioned by David Fernandez of JP Morgan, associate degree investment trust in Wall Street, at associate degree Investment Seminar titled \"Untapped Investment Opportunities in Bangladesh: Investment climate, capital market and growth in Bangladesh\" at the Asia Society in ny Thursday, per a message received in Dacca weekday.

With a read to attracting attention of the world investors, Dr Ahsan Mansur of the International money (IMF) highlighted political economy stability in East Pakistan, that might be a significant attraction for foreign investment.

Peter Berezin of Emma Goldman Sachs expressed confidence that with correct policies and investment information and physical infrastructure, East Pakistan might attract investment considerably within the close to future.

Mamun Rashid of Citybank in {dhaka|Dhaka|Dacca|capital of {bangladesh|Bangladesh|People\'s Republic of East Pakistan|Bangla Desh|East Pakistan|Asian country|Asian nation}|national capital} known as Bangladesh a replacement frontier for investment and urged a lot of policy flexibility and therefore the want for Bangladesh to urge connected to the world network.

Arif Dowla of ACI in East Pakistan, Munawar M Moin, Rahim Afroz cluster of East Pakistan and Iftekharul Islam of Asian Tiger Capital Partners, {dhaka|Dhaka|Dacca|capital of {bangladesh|Bangladesh|People\'s Republic of East Pakistan|Bangla Desh|East Pakistan|Asian country|Asian nation}|national capital} noted the disconnect between world|the worldwide|the world} capital market and therefore the opportunities offered in Bangladesh and urged for fast learning that might facilitate Bangladesh to profit from the massive capital offered within the global market.

They conjointly highlighted the new found confidence within the profession in {bangladesh|Bangladesh|People\'s Republic of East Pakistan|Bangla Desh|East Pakistan|Asian country|Asian nation} and invited the world investors to capitalise the investment opportunities presently flowering in Bangladesh.

They conjointly underscored the valued chance and growing market and alternative property that East Pakistan offered.

The Panelists, however, stressed the necessity for policy dynamism and transparency and development of infrastructure, information network and education to steer the world investors concerning the economic strength of East Pakistan and its readiness to just accept best practices.

They conjointly urged that {bangladesh|Bangladesh|People\'s Republic of East Pakistan|Bangla Desh|East Pakistan|Asian country|Asian nation} ought to work with the world rating agencies so they may assess the investment fight in Bangladesh vis-à-vis alternative rising markets.

They urged powerfully for strengthening selling efforts to inform East Pakistan within the world economic and money landscape.

Earlier, East Pakistan Ambassador to the u.  s. (US), M Humayun Kabir in his oratory underscored the basic strength of East Pakistan economy and delineate however it\'s been occupation the positive direction over the years.

He conjointly listed reform initiative and therefore the profit that were rising from higher economic governance enforced by the current government. He urged that the articulation of the same, coherent and credible message concerning complete East Pakistan by forming a compact among government, business and diplomacy so East Pakistan might be conferred as a replacement and enticing investment destination.

He conjointly noted that diplomacy might play the role of vanguard in attracting foreign investment.

The prestigious seminar was sponsored by the Asia Society and network of East Pakistan yankee professionals within the United States of America. it absolutely was so a appropriate arrangement as a follow up to the Chief Adviser\'s request throughout his visit to ny in Sept last year attended by concerning a hundred and fifty investors, economic consultants, money analysts and economists.