
The political “uncertainty” created by the changeover of power has caused foreign investors and expatriates to lose confidence in Bangladesh due to the lack of “financial security”, but the interim government wants to quickly restore their confidence with a “roadmap”, says Foreign Affairs Advisor Md Touhid Hossain.
Touhid made the remarks during his speech as the chief guest at the inauguration of the Branding Bangladesh World Conference series organised by the Centre for NRB (non-resident Bangladeshis) at a hotel in Dhaka on Saturday.
“When someone sees political uncertainty, they are not encouraged to come and invest,” he said.
“That is why a difficult task lies ahead of us and we hope a roadmap will be released very soon. Then they will quickly gain confidence once again.”
The advisor said: “There are foreign investors – including NRBs – who will invest their personal funds. But they will not come, even if they are NRBs, without certainty. This is very natural because you must see that your money is secure. That is undeniable.”
“We are looking into it and our goal is to hand over power to an elected government through an election. We know that it should be done as soon as possible and so the government is working towards this goal.”