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D-8 to invest in Bangladesh

Staff Correspondent |
Update: 2014-08-26 06:54:00
D-8 to invest in Bangladesh

DHAKA: Industries Minister Amir Hossain Amu on Tuesday said the economic alliance of eight developing Muslim countries, called D-8, would invest in Bangladesh.  

A draft will be prepared by November enlisting the sectors in which they are interested to invest.

The minister made the disclosure while briefing the media after a courtesy meeting with D-8 secretary general Dr Sayeed Ali Mohammad Mousavi at industries ministry in the city.

Amu said the investment of D-8 would be joint initiatives. But D-8 will supply the money in the projects.

The ministry will prepare a draft by November after reviewing the possible investment sectors.

In response to a query, he said the alliance have no terms of condition to the ‘to be proposed investment’.

Industries ministry joint secretary Afroza Khan was present.

The member countries of D-8 are Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.

BDST: 1635 HRS, AUG 26, 2014

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