FDI
One news item has drawn my attention, that the government held talks with delegates of TATA regarding the proposed $3 billion investment in steel, fertiliser and power. The conglomerate revealed their interest to use the uninterrupted gas supply after four years, not right now. Despite having huge potentiality of this sector, unfortunately Bangladesh could not be a gainer from it since many FDI proposals were not assessed properly over the years by our respective government authorities.
I think whenever any kind of proposal comes, the government should try to concentrate on the pros and cons of the matter. In most cases information was not mentioned explicitly in the proposal paper. It could happen just because foreign investors always look for their own profit and at the same time our strategic planners do not envision it thoroughly for taking the right decision at the right time.
For all latest news, follow The Daily Star's Google News channel.
Comments