BIDA, BBF sign MoU to attract more FDI

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DHAKA, Feb 24, 2021 (BSS) – The Bangladesh Investment Development
Authority (BIDA) and the Better Bangladesh Foundation (BBF) today signed a
Memorandum of Understanding (MoU) for attracting more Foreign Direct
Investment (FDI).

BIDA Executive Chairman Md Sirajul Islam presided over the MoU signing
function at BIDA conference room in the city, said a press release.

BIDA Executive Member Md Mosharaf Hossain and Founder of the BBF
Bangladesh and BBF Global Chairman Professor Mashud A Khan inked the MoU on
behalf of their respective sides.

As per the first initiative of the partnership, a virtual conference,
titled “Bangladesh-Italy Investment” will be organised for encouraging
investment and accelerating the foreign investment and trade relationship.

Speaking on the occasion, Sirajul Islam said Bangladesh’s economy is
moving forward under the prudent policy and dynamic leadership of Prime
Minister Sheikh Hasina and the country has become a wonder within the last 12
years.

“Bangladesh has set its targets, vision-2021 and vision-2041 for turning
a developed country. The development depends on FDI. BIDA is working to
increase investment,” he added.