PM seeks robust Singaporean investment in economic zones

Prime Minister Sheikh Hasina yesterday urged Singaporean entrepreneurs to make larger investments in Bangladesh's economic zones as Singapore expressed eagerness to work together on sustainable and renewable energy and explore new areas of cooperation. 

"Bangladesh is establishing 100 special economic zones across the country. I invite entrepreneurs of Singapore to invest in those economic zones," she said.

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The prime minister extended her invitation when Singapore's Minister for Transport and Minister in charge of Trade Relations S Iswaran paid a courtesy call on her at her official Ganabhaban residence. PM's Press Secretary Ihsanul Karim briefed reporters after the meeting.

The premier also stressed the need for establishing agro-processing industries in the economic zones. She said Bangladesh has the longest sea beach in the world and her country is building a new international airport in Cox's Bazar with refuelling facilities.

Iswaran said both countries can cooperate in the tourism sector. Singapore and Bangladesh can work together to explore new areas of cooperation and set up a joint working group to find out potential areas, he said.

He highly appreciated the development of Bangladesh, saying, "Bangladesh has advanced strongly under the leadership of Prime Minister Sheikh Hasina".

Sheikh Hasina also praised the development of Singapore.

Ambassador-at-Large M Ziauddin and Senior Secretary of the Prime Minister's Office Md Tofazzel Hossain Miah were present.