FDI in priority sectors : Value Added Agriculture Processing , Digital Ecosystems and Green Capital
Chief Guest: Mr. Salman Fazlur Rahman, M.P., Honorable Adviser to the Prime Minister on Private Sector Industry and Investment, GoB.
Special Guest: Mr. Md. Sirazul Islam, Executive Chairman, BIDA.
Guests of Honor: Ms. JoAnne Wagner, Deputy Chief of Mission, U.S Embassy, Dhaka.
Session Chair: Mr. Syed Ershad Ahmed, President – AmCham.
Moderator: Mr. N. Rajashekaran, AmCham ExCo member & Country Officer – Bangladesh, Citibank, N.A.
Panelists: Ms. Mehnaz Ansari, USTDA – Sr. Regional Representative- South Asia, US Embassy – India.
Mr. Debasish Deb, Country Manager, PepsiCo Bangladesh.
Ms. Sonia Bashir Kabir, The founder, chairperson, SBK Tech Ventures.
Ms. Nuzhat Anwar, Senior Country Officer – IFC.
While the massive loss of human life has been a tragic consequence of COVID-19, the effect on national economy cannot be understated. This pandemic is casting a shadow around the world economic order shrinking the world GDP featured by slump in Foreign Direct Investment (FDI), international trade flow, shattered supply chain system and global manufacturing productivity. Hence, the economy of Bangladesh has not been immune from the pandemic induced global economic fallout. If the contraction in the FDl inflow lasts for a while, the consequences for Bangladesh will be severe in various economic avenues.
The American Chamber of Commerce in Bangladesh (AmCham), following up early instances to boost cross-border trade and investment facilitation, improved policy design, and reforms for conducive industrial and business eco-system of Bangladesh arranged the event online accommodating sector specialists from both Public and private sectors . The discussion mainly focused on identifying opportunities for businesses in Bangladesh specifically those three priority sectors that include Value Added Agriculture Processing , Digital Ecosystems and Green Capital during and after the pandemic, expectations of business entities for developing strategic policy recommendations to identify and overcome persisting challenge, and prospects for enhanced inflow of FDI from the United States of America and the other developed economies across the globe.
AmCham Vice President, Mr. Syed Mohammad Kamal gave the vote of thanks in the event where a good number of AmCham members including the Executive Committee Members, foreign dignitaries, business leaders, media representatives and other distinguished guests attended the time befitting panel discussion.