Sliding law and order hurts Bangladesh's FDI
Bangladesh-born Britons say
Star Business Report
A high-level team of Bangladesh-born members of UK's Tower Hamlets Council yesterday said deteriorating law and order is hindering Bangladesh's foreign direct investment growth.They said some UK companies feel reluctant to invest in Bangladesh due to recent deterioration in law and order. The delegates led by Tower Hamlets Council Mayor Doros Ullah were talking to reporters in Dhaka yesterday after they met Commerce Minister Altaf Hossain Choudhury. The delegates are now visiting Bangladesh at the invitation of Dhaka City Corporation. The Tower Hamlets Council members discussed investment and trade- related issues with the commerce minister. They also urged the minister to take initiatives so that third generation Bangladesh origin UK citizens feel interest to play role in the country's development. The minister told the team that he would take initiatives so that the government appoints Bangladesh origin UK citizens in the country as consultants in different government projects. Deputy Leader of Tower Hamlets Council Abdus Shukur and Councilor Ohid Ahmed are the other members of the team. They will also meet officials of Board of Investment, Bangladesh Export Processing Zones Authority, Civil Aviation Authority of Bangladesh and Finance Ministry during their stay in Bangladesh.
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