Bangladesh Is The Most Suitable Country For Investment: PM

"Bangladesh is now the most suitable place for investment and local and foreign entrepreneurs are being registered with the country on a regular basis thanks to various incentives of the government," she said.

The Leader of the House made the remarks while answering a supplementary raised by treasury bench member Advocate Abdul Matin Khasru during her question-answer session in the House.

Sheikh Hasina said her government has taken initiatives for setting up seven special economic zones (SEZs) in seven divisions for the overall development of the country.

"Plots will be allocated to the countries intending to establish industries in the SEZs of their choice," she said.

The Prime Minister said the aim of the government is to attract investment. "That's why we are giving various incentives to local and foreign investors," she said.

Regarding the incentives being given to the foreign investors, Sheikh Hasina said they are now allowed to take back their profit in their own countries.

She said the foreign investors are also being given special facilities to import machineries and raw materials without any hassle.

Responding to a question from treasury bench member Shamsul Huq Chowdhury, the Leader of the House said the flow of remittance reached $1230.57 million in April 2014 which was $952.39 million in January 2009 due to various steps of the government.

She also said the forex reserve reached $20.09 billion on May 22 this year which was $5.33 billion on January 5 in 2009.

Sheikh Hasina said once the countrymen had to be worried for forex reserve. "But we have freed them from that anxiety as there is sufficient reserve of forex.

The Prime Minister said the government is spending the foreign currencies as per its requirement. "We are capable of facing any situation and we don't need to roam with the beggars' bag as the country remains at a dignified position," she said.

- Bangladesh Sangbad Sangstha (BSS)