The United States has committed to invest $1 billion in the private sector in Bangladesh over the next five years, primarily in agriculture, skills development, renewable energy, and research, income system development, and export development. export in general. The United States Agency for International Development (USAID) will provide that assistance, stakeholders said Saturday at a panel co-hosted by the U.S. Chamber of Commerce and the U.S. Embassy on the final day. of the American Trade Fair taking place on Tuesday this year.
Mohammad N Khan, Director of USAID's Office of Economic Growth, emphasized the importance of improving the business climate in Bangladesh to increase private and foreign investment. To achieve this goal, he believes that the use of digital technology must be expanded, as well as reducing costs and delays for companies and encouraging new export areas.