Foreign Minister Dr AK Abdul Momen today (October 28, 2023) said other countries should also come up with baskets of money and affordable proposals, instead of intimidation and giving advice, if they want to beat China. "If you want to beat China, you should come with basket of money and affordable proposals like the Chinese. Only advice does not satisfy us," he said while talking to reporters. The foreign minister mentioned that he said this during both the recent US and Europe visits. Salman F. Rahman, US Under Secretary Uzra Zeya acknowledge the only means to change govt is through elections Earlier, he spoke at a seminar on “Navigating Challenges: Bangladesh’s Response to the Current Global Situation” at the Foreign Service Academy as the chief guest. Diplomats World, a diplomatic magazine, hosted the seminar. Describing Prime Minister Sheikh Hasina’s Europe visit as “very successful,” Momen said the European countries listened to Bangladesh and they are now coming up with funds. He said the European leaders highly appreciated Bangladesh’s leadership and development. "This is a great achievement for Bangladesh," he said. Momen said many countries want to sell their products while trying to put pressure in the name of human rights and democracy. He said Bangladesh does not want to purchase military equipment now as the priority is to ensure people's welfare. US does not take a side on internal political matters: Spokesperson The Global Gateway strategy embodies a Team Europe approach that brings together the European Union, EU Member States, and European development finance institutions. Together, they aim to mobilise up to €300 billion in public and private investments from 2021 to 2027, creating essential links rather than dependencies, and closing the global investment gap. President of the European Commission Ursula von der Leyen together with Prime Minister Hasina on Wednesday launched the negotiations on a new Partnership and Cooperation Agreement to expand and develop the relationship between the EU and Bangladesh at the Global Gateway Forum. USAID official highlights US support for Bangladesh’s economic development On this occasion, the EU, the European Investment Bank (EIB) and Bangladesh signed agreements worth €400 million for renewable energy projects to contribute to a sustainable green transition of Bangladesh's power sector. It is also aimed at meeting the country's climate mitigation targets. Five additional cooperation actions, worth €70 million, supporting education, decent work, green construction, e-governance and the prevention of gender-based violence were also launched. President Ursula von der Leyen said: “The EU and Bangladesh have been reliable and trusted partners for 50 years. Now, we are taking this partnership even further, to reap the opportunities of the green transition under Global Gateway. The European Commission, the EIB and Bangladesh will join forces to support renewable energy and tackle climate change. This €400 million investment will make a difference for the people of Bangladesh and its economy.”
Bangladesh to become 3rd largest global market after UK and Germany: PM Hasina tells Commonwealth investors
Prime Minister Sheikh Hasina on Wednesday (September 13, 2023) invited investors from the Commonwealth countries to come to Bangladesh in a bigger way. “Geographically, Bangladesh is at the center of a market of 3 billion people. We have 170 million people of our own. By 2030, the affluent population of Bangladesh will stand at 35 million. Therefore, Bangladesh will become the third largest market globally, leaving behind Germany and the United Kingdom,” she said. The prime minister said this while addressing the two-day "Commonwealth trade and investment forum Bangladesh-2023" at Bangabandhu International Conference Center (BICC). The Commonwealth Enterprise and Investment Council, which is the Commonwealth's accredited business network, Bangladesh Investment Development Authority (Bida), the Ministry of Foreign Affairs and Zi Foundation, a family-run foundation that offers support to vulnerable people, jointly organised the event. End the Ukraine war thru negotiations: PM Hasina tells Russian foreign minister The aim is to promote innovation, trade, investment and economic growth, enhance partnerships and explore ways towards sustainable and inclusive economic development for Bangladesh. The PM said that Bangladesh needs development partners for reaching its goal. “We need more high-quality and sustainable investment to accelerate the economic progress of Bangladesh,” she said. She mentioned that as a prerequisite for Biniyog Bikash, or investment promotion, her government has prioritised organisational reforms, the formation of the Bangladesh Investment Development Authority (BIDA) and the Bangladesh Economic Zones Authority (BEZA), which offering attractive facilities for investors, and ensuring post-investment services. Hasina said that almost all sectors are open for investment in Bangladesh. ‘Why would you call yourselves minority?’: PM to Hindu community But among those, she said, more investment is encouraged in agricultural goods and food processing, leather and leather goods processing, medical equipment, automobiles and shipbuilding, and ICT. “There are promising investment facilities in these sectors, including the easy process of taking back dividends or benefits to your home country,” she said. The premier said that some 70 percent of Bangladesh's foreign direct investment comes from reinvestment, which is a proof of the excellent investment environment that Bangladesh offers to investors. She mentioned that BIDA has started a one-stop fast-track delivery service to facilitate investors with the services of various departments of the government and through this one-stop service, 78 services from 26 departments can be received through one platform. PM Hasina offers land to Japanese businesses to set up industries Mentioning that the pre-requisite for investment is the development of infrastructure, she said that the government has established 100 economic zones, 109 hi-tech and software technology parks, and IT training and incubation centres across the country with attractive incentive packages to promote foreign investors. “We are developing our land, rail, and air connectivity. Almost all highways in the country have been elevated to four or more lanes,” she said. In this connection, she said that the Padma Bridge has connected 21 south-western districts of Bangladesh directly with Dhaka and other parts of the country. “There will be rail connectivity through the Padma Bridge between Dhaka and Khulna soon," she said. Read more: Dhaka, London plan to sign MoUs on economic cooperation, cyber security She said that soon the government will inaugurate the Karnaphuli underwater tunnel, the first such infrastructure not only in Bangladesh but in South Asia. “Work on establishing rail link between Chattogram and tourism town Cox’s Bazar is progressing fast.” Sheikh Hasina said that after winning the election in 2008 and forming the government in 2009, the government has started building the country based on short-, middle-, and long-term programmes. “A democratic environment, political stability, continuity of government, and, above all, structured development programs have helped in the quick socio-economic development of Bangladesh," she stated The prime minister said that the government is working to build a Smart Bangladesh, which will be realised by building the pillars of smart government, smart citizens, a smart economy, and a smart society. “Our goal now is to become a knowledge-based and Developed Smart Country by 2041 and a Prosperous Delta by 2100. We are working relentlessly towards that goal through the Perspective Plan, the Five-Year Plan, and the Delta Plan 2100.” Prime minister's private industry and investment adviser Salman Fazlur Rahman, Foreign Minister AK Abdul Momen, Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Lokman Hossain Miah, Strategic Advisor (Bangladesh) Of CWEIC Zillur Hussain And Commonwealth Enterprise and Investment Council (CWEIC) Chairman Lord Marland also spoke at the programme. PM Hasina also handed over Commonwealth Bangabandhu Sheikh Mujibur Rahman Green Investment Award to Eco Brixs from Uganda. A video documentary was screened in the programme. Read more: Russian foreign minister’s recent comment in Dhaka is ‘not the most self-aware’: US State Dept Spokesperson
Angel investors are those who invest seed money into a business to kick start its operation. This investment usually comes in exchange for convertible debt or equity in the ownership of the company. From a startup perspective, angel investments are a great way to secure funds as well as mentorship from the investors working in the relevant industry. Here is how a business can raise angel investment, especially if they are from Bangladesh. The Angel Investment Landscape of Bangladesh Bangladesh is still in the early stages of angel investment. There were not many investors a few years back in the startup ecosystem. However, the pace is picking up. Bangladesh Startup Investment Report of 2022 shows that Bangladeshi startups were able to raise $112 million in 2022. A total of 47 startups were able to secure funds, among whom 39 brought unique service propositions. The largest funding was received by ShopUp who were able to raise $65 million from Valar Ventures and Flourish Ventures. About 8% of the total funding came from local investors. On average, the angel investment size for early-stage startups was around $588K. Bangladesh is in the lower tier when it comes to securing venture funds. Read more: How to Gain Funding for Startup: Best Practices to Attract Investors How to Get Angel Investment in Bangladesh Getting an angel investor to invest is neither straightforward nor easy. A startup will need to put in the work, especially in Bangladesh where the investment ratio is low. There are several key things to consider when it comes to securing angel investment. Here are some of them. Clear Business Idea and Plan A startup should have a clear business idea backed up by a strong and detailed plan to secure angel investment. The plan should outline the startup's mission, market opportunity, revenue model, target audience, competition analysis, marketing strategy, and financial projections. A solid business plan is crucial for gaining investor confidence. Market Validation Investors look for product or service confidence while investing. As a result, it is important to create a market validation of the startup product or service before making the initial approach for funds. Market validation can be done by developing a market-viable product. This product or service can be channeled to early adopters and customers. Based on their experience, a positive narrative for the product can be developed. This will play a crucial role in securing early-stage angel investment. Read more: How to Build Social Capital to Grow Your Business
Startups are picking up pace across the globe. According to Statista, the number of early-stage venture funds for startups is growing year on year after a dip during the Covid-19 Pandemic peak stage. While a success rate of 10% is projected for all startups in 2023, there is still a silver lining in the form of increased funding. But the key challenge is to secure funding for the startup venture. Let’s explore the different factors that aid in attracting investors for startups. 13 Ways to Attract Investors for Startups Strong Value Proposition The main idea behind a startup is to create a solution for an existing problem. A track record of successful startups shows that they took an existing problem and created a solution for it. Then the solution was channelled as a product through the startups. At the core of this process is a strong value proposition. Successful startups were able to secure early funds from investors because of the strong value of their product or service. Investors look for value in a project. As long as one can show the value and prospects, securing funds becomes much easier. Read more: What to Consider Before Investing in a Startup or Company? Detailed Business Plan Startups aren’t just about ideas. Sure enough, it starts with an idea, but implementing the idea requires a strong business plan. There are a lot of factors in a market that a startup needs to consider before scaling up its product or services. Factors like target market, competitive analysis, marketing strategy, financial projections, and growth plans should be at the centre of a solid business plan. Sharing a strong vision for the startup will help convince the investors to understand the return on investment. And that in turn will help attract investors. Traction Generation and Milestones For an investor, numbers are the ultimate deciding factor. An investor will only invest where strong numbers support the claims of the startup. It can include factors like user adoption, revenue generation, or partnerships with key players in the industry. Try to build up a rapport with incubators and accelerators before approaching potential high-value investors. The more positive the numbers are, the better the chances of attracting investors. Read more: Seed Fund Raising for Startups: Things to Know About Having a Strong and Experienced Team Another key factor that drives investment decisions is the market understanding and experience of the team members. Investors often look for people with a proven track record of managing and executing similar products or services in the market. Sometimes, the lack of early milestones like a marketable product, grants, and incubation can be offset by a strong and motivated team that shares the vision of marketing and scaling a startup. Networking and Referrals Beyond experience and numbers, a good way to attract potential investors is through networking and referrals. Networking and referrals help build a personal connection with the investors. A positive word-of-mouth impression or a recommendation from a trusted source helps to highlight and convince investors about the potentiality of a startup. The best way to network and gain referrals is by attending industry events, networking meetups, and startup conferences. Read more: 7 Local Startups Get Tk 150m Funds from Startup Bangladesh Limited
The chairman of the Bangladesh Security and Exchange Commission (BSEC) Prof Shibli Rubayat-Ul-Islam has said that the capital market regulator is working to enhance the public's financial literacy so they can invest consciously and profitably. To this effect, the BSEC is cooperating with the Ministry of Education and the National Curriculum and Textbook Board (NCTB) to include a chapter on the capital market in the secondary and higher secondary levels textbooks. Talking to UNB, Prof Shibli acknowledged that sometimes people are being influenced to invest their hard-earned money or chasing misinformation. "If they can become financially literate, then no one can cheat them," he said. Read more: Under, over-invoicing to stop if commodity exchange is launched: BSEC Chairman With a nationwide average of 24.6 percent, the financial literacy score in Bangladesh is still quite low, according to a recent survey by the Bangladesh Bureau of Statistics and Brac Business School. Respondents with an educational qualification below SSC, people aged over 50, self-employed people, Dhaka natives, housewives, and farmers have the lowest scores, according to the 2022 survey report. The BSEC is working to introduce real estate investment trust, or REIT, Pink, and Orange bonds in the capital markets by 2023. Through Pink bonds, small entrepreneurs can collect money for investment while SMEs and large entrepreneurs can collect money through Orange bonds. Both the coloured bonds will be introduced to encourage women investors as well as empowering them in the financial sector, Prof Shibli said. Read more: Visiting IMF team will meet BSEC to discuss capital market on Nov 7 Besides, the BSEC has a special bond plan for the garment and textile sector so that the entrepreneurs can collect money from the capital market to expand their business. At the same time the investors will encourage investment in this secured sector, he said. Prof Shibli said the country’s development projects cannot be completed depending on revenue only - project-based infrastructure bonds and municipal bonds for fund collection from the stock market would be a diversified funding scope for development. If the project authority provides dividends of around 12-13 percent, then people will invest money in the project-based bond market instead of depositing their money in FDRs and saving certificates, he said. He said Bangladesh’s investment demand is over USD $800 billion for infrastructure and other service sector development in line with LDC graduation, which will not be possible to collect from domestic sources. But a large portion is possible through the capital market. Read more: Takes 6-12 months to identify a share market manipulator in existing system: BSEC Chairman Replying to a question he said that investors who have the patience to invest in the capital market and who want to secure investment scope should invest in the bond market and get greater dividends than their returns from IDFs and saving certificates. Mutual funds, Treasury bonds’ and others are trading in the capital markets, where anyone or ordinary people can invest money. He said that the mutual funds are providing dividends of around 10 to 20 percent during the last 10/12 years. "Those who have financial knowledge can invest in secondary share trading, and try to gain profit. They should prefer bonds and mutual funds," the BSEC chairman said. The regulator has pushed through dozens of reforms in the capital market, from imposing company audit systems and towards accountability of brokerage houses during his tenure. As a result, the capital market will be well-positioned in the future. Read More: Financial literacy: BICM reduces master's program fees by 50% “We just planted the seed, from which the tree or plant will be visible within the next few years,” Prof Shibli said.
International Labour Organization (ILO) and Bangladesh Investment Development Authority (BIDA) have signed an agreement to promote, simplify and harmonize the one-stop service (OSS) of BIDA. Under the agreement signed on Tuesday, ILO will support the integration of safety licenses of four national regulators to BIDA-OSS. Over the course of a year, ILO will provide necessary support to Bangladesh Fire Service and Civil Defence Department (BFSCD), Chattogram Development Authority (CDA), Department of Inspection for Factories and Establishments (DIFE) and Rajdhani Unnayan Kartripakkha (RAJUK) to integrate and operate their licensing systems to BIDA OSS. Also read: Youth unemployment rate in Bangladesh stands at 10.6pc: ILO Additionally, ILO will facilitate the simplification of application and payment process in BIDA-OSS, and support an awareness campaign to promote the system among investors. These activities will be conducted under the remit of ILO’s RMG programme funded by Canada and Netherlands. The programme would also provide essential technical and financial support to BFSCD, CDA, DIFE and RAJUK to interconnect their safety licencing systems to BIDA-OSS. Speaking at the signing ceremony, Country Director of ILO Bangladesh Tuomo Poutiainen said investment in workplace safety protects businesses from occupational hazards and improves the brand image of Bangladesh. “We hope integrating relevant safety licencing systems in the BIDA-OSS and simplification of the OSS process is a necessary step to attract more local and foreign investors to apply for safety permits,” Poutiainen said. Also read: UNDP, Grameenphone, BIDA join hands to create economic opportunities for youth Executive Chairman of BIDA Md Sirazul Islam said BIDA is pleased to collaborate with the ILO to streamline one-stop service system. “We believe the harmonization and simplification of BIDA-OSS will help investors save time and cost for setting up their businesses,” he said.
mbassador of Saudi Arabia to Bangladesh Essa Yousef Essa Alduhailan has said the investors of his country are keen to invest in Bangladesh. The ambassador paid a courtesy call on Foreign Minister AK Abdul Momen Thursday. He briefed the foreign minister about investment initiatives taken by Saudi Investors in Bangladesh. To facilitate more investment from Saudi Arabia to Bangladesh, joint sincere efforts are needed, Ambassador Essa Yousef said. Read: Saudi Arabia lifts ban on Israeli flights Momen thanked the ambassador for his dynamic role in strengthening relations between Bangladesh and Saudi Arabia. He also appreciated the political and humanitarian support of the Saudi Arabia government for Rohingyas. Ambassador Essa Yousef thanked the Bangladesh government for extending support to Saudi Arabia in different international forums.
US business representatives on Monday expressed their long-standing interest to be a part of Bangladesh's development and private sector transformation. They expressed their spirit of collaboration with Bangladeshi business and the Bangladesh government at the US-Bangladesh Business Summit jointly organized by FBCCI and US-Bangladesh Business Council. FBCCI hosted the largest business delegation from the United States to have ever come to Dhaka on its historic visit. Commerce Minister Tipu Munshi said that now is the ‘Golden Time’ for investment in Bangladesh. He urged US businesses to invest in Bangladesh and build strong commercial and strategic relations between the United States and Bangladesh. FBCCI President Md. Jashim Uddin mentioned some of the mega projects including Dhaka-Chattogram Elevated Expressway, Dhaka-Chattagram High Speed Train, Marine Economy, Hi-Tech Park, 100 economic zones across the country, and said that US businesses should choose Bangladesh as their next investment destination. He said the Bangladesh government is providing various benefits including tax exemption and duty draw back for foreign investors. READ: Summit, JERA to collaborate for developing a carbon neutral roadmap “USA entrepreneurs may consider Renewable Energy, LNG Terminal, Inland Container Depot, Warehouse and Cold Chain, Automobile, Hotel and Hospitality, Banking and Insurance as potential sectors for investment in Bangladesh,” the FBCCI chief said. Chevron's Vice President for Business Development and Mission Lead of the Trade Delegation Jay R Prior noted that Bangladesh has made remarkable economic progress across a diversity of sectors. He noted that 100% electrification of Bangladesh and energy development in Bangladesh is key to Bangladesh’s success. Additionally, he remarked on the importance of companies in the United States to partner with Bangladesh to develop a Bangladesh of the Future. “In achieving Bangladesh's Vision 2041, US businesses are keen to strengthen bilateral ties which is why we are leading these 30 business executives to see the new and transformed Bangladesh.” Sidhanta Mehra, director of the US-Bangladesh Business Council, said the magnitude of the trade delegation is a reflection of the importance that US business has put on Bangladesh. He encouraged US and Bangladeshi business to work together to advocate for continued support for investors in Bangladesh. Former FBCCI president Shafiul Islam Mohiuddin said trade between the two countries has risen to $9 billion annually. However, he noted that this is just beginning and that they should all be working towards a higher goal. He hoped that the delegation would play an effective role in boosting bilateral trade. He said Bangladesh was ready to provide all kinds of assistance to US investors. Former FBCCI President Sheikh Fazle Fahim said the United States has good opportunities to invest in Bangladesh's light engineering, electrical components, Internet of Things and healthcare. FBCCI Vice President MA Momen called on the United States to start bilateral talks to sign the CEPA agreement (comprehensive economic partnership agreement). DCCI President Rizwan Rahman called for tech transfer of US technology to Bangladesh. He said Bangladesh is an ideal country for investment. US entrepreneurs can take advantage of Bangladesh's demographic dividend through investment. FICCI President Naser Ezaz Bijoy said that all the foreign companies in Bangladesh as the country offers high risk returns. US investors should take this opportunity. Russell T Ahmed, President of BASIS, said that the prices of IT products in Bangladesh are comparatively lower than other countries. He urged the United States to import more IT products from Bangladesh. A Memorandum of Understanding (MoU) was signed between the FBCCI and the US-Bangladesh Business Council to enhance bilateral trade at the first U.S.-Bangladesh Business Summit. FBCCI Senior Vice President Mostofa Azad Chowdhury Babu delivered the vote of thanks.
If business opportunity is mangoes on a tree, effort is the energy needed to scale it and pluck as much of the sweet fruit as possible. In Bangladesh, these trees are super tall. Notwithstanding the honest efforts of Prime Minister Sheikh Hasina, Bangladesh still remains a difficult country to do business -- entrepreneurs are hobbled by endless adherence to overlapping regulations sans coordination among the various government agencies. To be precise, the devil is in the details. Of the 17 public entities and one private firm enlisted by the Bangladesh Investment Development Authority (BIDA) for providing 57 services under one roof -- called the 'onestop service' (OSS) -- to investors planning to set up shops, only a few are active. Read:Investment proposals grow 46.33 pc in July-September 2021: BIDA The One Stop Service Act, 2017, to provide domestic and foreign investors hassle-free clearances from a single venue came into effect in February 2018. Nearly four years on, 15 government entities, including the National Board of Revenue (NBR), remain inactive to provide services under the OSS. Only the NID service of Bangladesh Election Commission and the e-payment platform of Sonali Bank are providing services properly. Bangladesh’s effort to attract foreign direct investment (FDI) cannot be achieved under such a bureaucratic red tape, according to a top leader of a trade body. However, BIDA chief has refuted the allegations of bureaucratic red tape. His logic is simple -- "the initiative will fructify over time", another bureaucratic alleby. "BIDA is working to provide 57 services online by 18 public and private sector agencies under the OSS, including business registration, land allocation, trade body membership etc. The system is corruption-free and fast," said Md Sirajul Islam, the executive chairman of BIDA. At present, BIDA is providing 18 services under the online initiative where every movement of a file is tracked, he said.
Prime Minister Sheikh Hasina on Sunday urged the investors from across the world to invest in Bangladesh, making the best use of the opportunities the government is offering for foreign investment. “I believe investors will be able to learn more about the potential of different investment sectors in Bangladesh through this conference. New markets will particularly be created for Bangladeshi products, and Bangladesh will be able to attract the desired investment,” she said. The Prime Minister said this while addressing the inaugural session of the two- day International Investment Summit 2021 organised by Bangladesh Investment Development Authority (BIDA) at Radisson Blu Water Garden Hotel to brand new Bangladesh among investors from around the world. READ: Ensure electricity for all remote villagers: Hasina She joined the programme virtually from her official residence Ganobhaban. Hasina said the government has identified 11 potential investment sectors, including infrastructure, capital markets, financial services, information technology, electronics manufacturing, leather, automotive and light engineering, agro-products and food processing, healthcare and medicine, jute textiles, and blue economy. The Prime Minister mentioned that Awami League got people’s verdict for three consecutive times since 2008. She said the importance of Bangladesh in terms of political stability, creation of a skilled workforce, liberal investment policy through attractive incentives, and geographical position between the huge markets of South and Southeast Asia is increasing day by day. “More than 60 percent of foreign direct investment is coming through reinvestment.” Hasina said the government has formulated sector-wise industrial development policies along with National Industrial Policy, passed the Labor (Amendment) Act, 2018, considering environmental protection in taking up every project, automating bond management for the growth of the export-oriented industry. The Prime Minister also said the government has built 39 high-tech parks and are building 100 economic zones in phases. “We’ve received investment proposals of US$27.07 billion in the economic zones.” She mentioned that the government is building 'Bangabandhu Sheikh Mujib Industrial City' in Mirsarai, Sonagazi, and Sitakunda upazilas while the Japanese Economic Zone in Araihazar has already counted investment proposals US$1 billion. Currently, about US$30 billion investment proposal is awaiting implementation in 79 PPP projects, she said, adding that the government has enacted the ‘Bangladesh Investment Development Authority Act, 2016’ and established the Investment Development Authority. Hasina said the government has been working since 2019 to provide 154 investment services of 35 companies online through One-Stop Service.“We prioritize economic diplomacy and work towards concluding Bilateral and Regional Preferential Trade Agreements, Free Trade Agreements, and Integrated Economic Partnership Agreements. We signed a PTA with Bhutan.” She said Bangladesh is getting unilateral duty-free export facilities to 38 countries of the world and Avoidance of Double Taxation agreements are in force with 36 countries. “We’re working closely with various trade alliances.” Hasina went on saying, “We’re preparing to reap maximum benefits from the Fourth Industrial Revolution (4IR) by creating a skilled workforce with state-of-the-art technology. We aim to export US$5 billion worth of IT products by 2025.” She also mentioned Bangladesh has 'Bangabandhu Satellite-1' in space and the construction work of the Padma bridge is nearing completion with its own funds. READ: Hasina's strong solidarity message to Erdogan elevated ties: Envoy Hasina also said construction of Metrorail and Expressway in Dhaka and third terminal at Hazrat Shahjalal International Airport, Regional Airport at Syedpur, another international airport in Cox's Bazar, Karnaphuli Tunnel in Chattogram, and deep seaport at Matarbari and Payra are going on in full swing. “We’ve given an incentive of Tk 187,000 crore to counter the externalities of the Corona pandemic.” Hasina said Bangladesh has emerged from a least developed to a developing country. The size of its economy is now US$411 billion, foreign exchange reserves are US$48 billion, per capita income is US$2,554. “We have adopted the second perspective plan for the implementation of Vision-2041. We are also implementing 'Bangladesh Delta Plan-2100',” she added. Prime minister's advisor Salman Fazlur Rahman MP, Saudi Arabia's minister for transport and logistics minister Engineer Saleh Nasser A Al-Jasser and FBCCI president Md Jashim Uddin and BIDA Executive Chairman Md Sirazul Islam also spoke at the programme. Ambassador of Japan to Bangladesh ITO Naoki read out the written message of Parliamentary Vice-Minister for Foreign Affairs HONDA Taro. A Thematic video titled ‘Bangladesh: Discover limitless Opportunities’ was screened at the programme. The Prime Minister also unveiled the publication of the Summit. The summit will have 14 separate sessions, of which 11 will be dedicated to different sectors that include the blue economy, healthcare and pharmaceuticals, transport and logistics, capital market, power and energy, the fourth industrial revolution, financial services, agribusiness, leather and leather goods, apparel, electrical and electronics manufacturing.