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Young Bangladeshi American professionals call on Chief Adviser Fakhruddin Ahmed at his hotel suite in New York Wednesday. Photo: PID |
Chief Adviser Fakhruddin Ahmed said Wednesday that his government took measures to make business and investment procedures in the country simpler and easier.
The caretaker government has also moved to introduce online services to attract investors from home and abroad, the chief adviser told a group of young Bangladeshi American business professionals.
The delegates, part of Network of Young Bangladeshi American Professionals (NYBAP) and bdinvest.org, called on Fakhruddin at his Intercontinental the Barclay New York Hotel Suite.
The young professionals apprised the chief adviser about the NYBAP, which was established four years back with the main objective to introduce Bangladesh as a country where one can invest, exchange views and make suggestions. The NYBAP has 1,100 members.
The chief adviser listened to their various suggestions in line with Bangladesh's business procedures and potentiality and urged them to make concrete recommendations for the government to focus on.
Fakhruddin told them about the formation of Bangladesh Better Business Forum (BBBF) last year aiming at government-private partnership that produced "some good results".
Interaction between BBBF, Board of Investment (BoI) and Non-resident Bangladeshis (NRBs), business policy and online service in government institutions were also discussed.
Fakhruddin told the professionals that IT and financial service businesses have great potential in Bangladesh and the government is making an attractive IT policy.
The government is putting everything in line, he said. The chief adviser referred to a number of government organisations, including Biman and DESA, has already been turned into public limited companies.
Fakhruddin said trade inputs are now being released online for importers and exporters.
The chief adviser also mentioned the Right to Information Ordinance, designed to provide information to people.
Fahim Ahmed, vice president of Royal Bank of Scotland, Faisal Ahmed, an economist of International Monetary Fund, Haseeb Ahmed of JP Morgan Chase, Hasan Imam, managing director of Thomas Weisel Partners, Mashrib Zahid, senior analyst of Prime Capital, and Rasheq Rahman, vice-president of KBC Financial Products, among others of NYBAP, met with the chief adviser.