Bangladesh is ready to take its economy to the next level, BNP Standing Committee Member Amir Khasru Mahmud Chowdhury said on Wednesday, adding news of the election timeline had stoked the momentum.
Speaking at the International Investment Summit organised by Bangladesh Capital Market at Sheraton Hotel in the city's Banani, he also said today's Bangladesh was ready to work with both domestic and foreign investors to meet the expectations of the people.
"News of the elections has spread both at home and abroad. As a result, investors are preparing to take new initiatives. Today's Bangladesh is ready to work with both domestic and foreign investors to meet the expectations of its people."
Amir Khasru further mentioned that instead of relying on printing money or borrowing, the country must focus on building an investment-based economy.
"It is not possible to create an environment for long-term financing without the development of the stock market," he added.
According to BRAC EPL Stock Brokerage Limited, the organiser of the conference, in order to attract foreign investment, it is important to ensure market stability, modern technology, transparency and long-term policy support.
They noted that Bangladesh is currently positioned on the global investment map as an "Emerging Frontier Market," which can become a strong investment destination with proper planning.
At the event, Chief Adviser's Special Assistant and Capital Market Development Committee Chairman Anisuzzaman Chowdhury said Bangladesh's capital market was an emerging sector for investors, with significant potential for sustainable growth.
BRAC EPL CEO Ahsanur Rahman delivered the welcome speech while Bangladesh Securities and Exchange Commission (BSEC) Commissioner Mohammad Mohsin Chowdhury, BRAC Bank PLC Chairperson Meheriar M Hasan, Dhaka Stock Exchange PLC Chairman Mominul Islam, and Chittagong Stock Exchange PLC Chairman AKM Habibur Rahman were present as special guests.
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