'Economic zones key to developing private sector'
Bdnews, Dhaka
Energy Ministry Adviser Mahmudur Rahman Tuesday stressed the need for strategic development of economic zones in Bangladesh to expedite growth and development of the private sector. Rahman, who is also the executive chairman of the Board of Investment, highlighted the improvement of economic zones and the reduction of administrative barriers as two different methods to help drive private sector development. The BoI executive chairman was speaking at the inaugural session of a workshop on "Enhancing Economic Zones and Reducing Administrative Barriers," organised jointly by the Board of Investment, the SouthAsia Enterprise Development Facility (SEDF) and FIAS. Rahman said it was necessary to continually upgrade both the physical and governance aspects of Bangladesh's investment climate and the government was determined to strengthen the country's existing economic zones and commence planning for a special economic zone.
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