BSS
  13 Jul 2026, 16:53

Govt creating conducive environment for foreign investment: Faqir Mahbub

South Korean Ambassador to Bangladesh, Kim Ji-joon, met with the Minister of Posts, Telecommunications, and Information Technology, Faqir Mahbub Anam, at his office in the Bangladesh Secretariat. Photo: PID

DHAKA, July 13, 2026 (BSS)- Posts, Telecommunications and Information Technology Minister Faqir Mahbub Anam today said the government is firmly committed to ensuring a reliable and friendly environment for foreign investors in Bangladesh. 

“The government is working to make the country more attractive for foreign investment by introducing a competitive tax regime and providing necessary incentives and policy support,” he said.

The Minister said this in meeting with South Korean ambassador in Bangladesh Kim Ji-joon in his office at the Bangladesh Secretariat, said a ministry press release.

He said Prime Minister Tarique Rahman is committed to ensure affordable smartphones and digital services to reach people across the country, including those living in remote areas. 

Alongside expanding digital connectivity, the government is also working to make smart devices more affordable and accessible to the general public, he added.

He further said that the government considers mobile phone manufacturing and the technology industry as national priority sectors. 

Necessary policy support will be provided to boost local manufacturing, create employment opportunities, and strengthen the country's technological capabilities, said the minister. 

He continued that the government's objective is to establish Bangladesh as a leading regional hub for smart device manufacturing and technology investment.

Responding to the proposal, the Minister said the government is working to simplify and make the visa process more efficient for foreign investors and businesspersons. Necessary policy reforms will be undertaken to make investment and business operations in Bangladesh easier and more convenient, he added.

Ambassador Kim Ji-joon praised Bangladesh's investment potential and proposed introducing a longer-term and more streamlined visa regime for foreign investors. 

He observed that such measures would further strengthen Bangladesh's investment-friendly environment and facilitate greater foreign direct investment.

Both sides expressed optimism about expanding cooperation in areas of mutual interest and implementing joint initiatives in the future.

Posts and Telecommunications Division Secretary Bilquis Jahan Rimi, First Secretary of Korean embassy Lee Namsoo, and Samsung Electronics Country Manager Jungmin Jung were present.