Representatives of the Economic Relations Division and the Asian Development Bank met with local business and private-sector representatives in Cox’s Bazar on Tuesday to discuss the district’s business and investment potential, infrastructure development, connectivity, and challenges facing the local private sector.
Directors of the Cox’s Bazar Chamber of Commerce and Industry and representatives of the local business community and private sector attended the meeting held in Cox’s Bazar on Tuesday.
Business representatives highlighted the prospects for expanding trade and investment in the district, the need to improve infrastructure and connectivity, and various challenges and opportunities facing the local private sector.
Additional Secretary to the Ministry of Finance Zainal Abedin Zakaria attended the meeting as the chief guest, while Bangladesh Investment Development Authority director (deputy secretary) Kabir Khan was present as a special guest.
The meeting emphasised expanding investment by harnessing Cox’s Bazar’s significant economic potential, improving infrastructure, strengthening connectivity and increasing private-sector participation in the local economy.
Speakers said improving the business and investment environment in Cox’s Bazar would strengthen the local economy and help increase the district’s contribution to the country’s overall economic development.
They also stressed the need for stronger coordination between the public and private sectors to utilise the potential of tourism, trade, connectivity, infrastructure and investment in Cox’s Bazar.
The participants also called for resolving various problems faced by local businesses and creating a more investment-friendly environment in the district.
Cox’s Bazar Life Report
Photo: Courtesy
