The government is focusing on bigger investment, both local and foreign, to generate jobs and fast-track development to help the economy offset the advese impact of Covid-19 pandemic.
"The government will take effective steps to build infrastructures and provide other policy supports to improve the investment-friendly environment,” according ti an official document obtained by UNB.
To increase investment and generate employment, it said, steps have been taken to establish 100 Economic Zones across the country, which will provide employment opportunity of an estimated one crore people.
Approval has already been issued for the establishment of 97 Economic Zones.
It said that production has already been begun in 9 Economic Zones and the development work in 28 Economic Zones is in progress, which can offer employment to around 40,000 employment seekers.
“In addition, employment opportunities for another 8 lakh people will be created,” the document added.
Till date, investment proposal worth US$ 27.07 billion from a total of 210 investors has been received in these Economic Zones.
“Of the total amount about US$ 1.60 billion is foreign investment.”