Work of 10 economic zones to start in 2018: PM

16-06-17-PM_Sweden Business Dialogue Attend-4

Prime Minister Sheikh Hasina has revealed the government’s plan to start development work of ten Economic Zones during the next fiscal year of 2017-2018.

PM explained the step has to be taken to improve investment and climate in Bangladesh.

Hasina, yesterday in a parliament session, talked about the plans in reply to a question from lawmaker M Mamunur Rashid Kiran of Noakhali-3.

In the scripted reply to the question of the treasury bench member, she said that the Awami League government has undertaken a plan of setting up 100 economic zones in Bangladesh. Notably, permission of 22 economic zones has been granted.

She also revealed that sites were selected for 59 economic zones and 79 economic zones were given approval by the Economic Zones Governing Board. Laying importance on continuation of the macro economic stability, she said the present govt intends to execute socioeconomic policies and strategies as well.

While talking about this issue, the PM said, “Our government is working for increasing the public sector investment, which is at 7.3 percent now, to 9 percent. In addition to that, private sector investment will also rise to 25.4 percent from current 23 percent by 2019-2020.

Source: The Daily Ittefaq