Boosting the domestic electronics and hi-tech industry is highly required for achieving the government's vision of turning Bangladesh into a developed country by 2041, said Walton Hi-Tech Industries Managing Director Golam Murshed at an international summit in Switzerland.
Murshed, also the chief executive officer of Walton Hi-Tech, called for improvement in research and innovation for boosting the country's electronics and hi-tech product manufacturing industries.
He made the remarks while addressing the concluding session of the first phase of a roadshow titled "Investor summit: Bangladesh capital markets" held in Switzerland's Zurich recently.
To facilitate and encourage the non-resident Bangladeshis (NRBs) to invest in the country's capital market, the Bangladesh Securities and Exchange Commission (BSEC) initiated the two-phases roadshow "The Rise of Bengal Tiger: Potentials of Trade and Investment in Bangladesh."
Murshed said: "Bangladesh is now showing successes in several fields including GDP growth, poverty alleviation, and improvement of living standards; increase in education rate, empowerment of women, foreign exchange supply, stable capital market, political stability; infrastructure and policy development."
"Using the government's industry-friendly duty and policy support, Walton has become Bangladesh's electronics giant. Beyond the country's boundaries, Walton products are being exported to around 40 countries."
The investor summit has been attended by high-level delegates from Bangladesh and Switzerland, along with business conglomerates and investors.
Also, the NRBs, foreign investors and institutional investors in Switzerland joined the summit.
Earlier, the roadshows were also held in four cities in the US and UAE this year. Walton is one of the partners of the US and Switzerland roadshows. The upcoming roadshows, led by the BSEC, will be held in Russia and the UK.