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Asaduzzaman calls for ensuring investment-friendly environment to attract foreign investors

Staff reporter:

Law, Justice and Parliamentary Affairs Minister Md Asaduzzaman yesterday called for ensuring an investment-friendly environment to attract foreign investors to Bangladesh, saying the government’s primary objective is to invite foreign investors to the country. “Previously, investors had to obtain permission from 20 to 25 different offices to invest in Bangladesh, and the process took at least six months, requiring them to visit various desks. Through the Invest Bangladesh Act-
2026, we have brought investment-related services under a single umbrella to
simplify the process,” he said.
The minister made the remarks at a stakeholders’ consultation on the reform of commercial court legislation at Hotel Sonargaon this afternoon.Organised jointly by the Ministry of Law, Justice and Parliamentary Affairs and the UNDP, the meeting was also addressed by Attorney General Barrister Md Ruhul Quddus Kazal, Head of International Partnership of the EU Delegation to Bangladesh Dr Michal Krejza, Canadian High Commission’s Political Councillor Marcus Davis and Norwegian Ambassador Hakon Arald Gulbrandsen, among others. Emphasising the need to modernise relevant laws to ensure protection for foreign investors, Md Asaduzzaman said the government would keep the issue in
mind while establishing commercial courts to safeguard their interests.

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