Foreign investment
Shahjahan Ahmed, Dhanmandi R/A, Dhaka
The news of the Japanese Ambassador in Dhaka outlining the hurdles and obstacles for Japanese investors is indeed a national shame as much as it showed the state of affairs in investment institutions of Bangladesh, like those of the BOI, the EPZ and the relevant government departments and agencies. The US Embassy's commercial section has also floated, in their official website, a similarly negative information about investment and the investment climate in Bangladesh.One understands why the investors always have to bribe. Our officials are paid such meagrely salaries that to expect them to work without incentives would be impractical. However, our officials take the bribes but then fail to deliver. And we have a government which is projecting the image of Bangladesh as the best investment destination in Asia. I pity the diplomats who are doing the job of making this image. It is high time that the government pays attention to these complaints, for these cannot just be pushed under the table and forgotten. The prime minister should start with two of the vital organisations named by the Japanese Ambassador, namely, the BOI and the EPZ, since both are headed by her.
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