Budget Reaction

Budget sends positive signal to investors, implementation key: DCCI chief

Star Business Report

The proposed budget has sent a positive signal to investors by focusing strongly on private sector growth, industrial diversification and investment promotion, said Taskeen Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI).

He welcomed the government’s commitment to keeping corporate tax rates stable, reducing financing costs and offering incentives to foreign investors.

Ahmed said initiatives such as free trade zones, improved logistics infrastructure, and investment in renewable energy, electric vehicles, semiconductors and electronics manufacturing could strengthen Bangladesh’s competitiveness and attract more foreign direct investment.

He also welcomed the tax benefits announced for startups, SMEs (small and medium-sized enterprises), freelancers and women entrepreneurs, saying these measures would help expand the country’s entrepreneurial base.

Regional investment incentives, he added, could promote more balanced industrial development across the country.

However, he noted that the success of these initiatives would largely depend on effective implementation and consistent policies.

If properly implemented, the measures could boost investment, create jobs and support sustainable economic growth, he said.