BGMEA urges Bangladesh govt to intensify efforts to attract FDI

BGMEA representatives and Salman F Rahman MP, private industry and investment advisor to the Prime Minister, recently had a meeting to discuss the present business situation, challenges being faced by the RMG industry in Bangladesh and possible course of actions to deal with the challenges, the association said in a press note.

Faruque Hassan, BGMEA president, stressed on the importance of improving ease of doing business, especially addressing the bottlenecks, reducing time, process and cost in all criteria of doing business to attract more foreign investment in the sectors.

BGMEA also expressed concerns over the recent surge in COVID-19 cases in some European countries as the EU is the largest export market for Bangladesh’s RMG. The BGMEA delegation expressed their hope that the government would continue its support to the RMG industry to help the sector to face possible challenges in the coming days.

ALCHEMPro News Desk (KD)