(BSS) – Prime Minister Tarique Rahman today said his government is committed to formulating investment-friendly policies and improving the business climate to attract domestic and foreign investment.

“We are committed to formulating investment-friendly policies and improving the business environment,” he said at a meeting with Japan Bank for International Cooperation (JBIC) Governor Kazuhiko Amakawa here at 9:30 am local time, said PM’s Deputy Press Secretary Shahadat Shadhin.

Expanding investment and strengthening economic cooperation in Bangladesh’s energy, information and communication technology (ICT) and infrastructure sectors came up for discussion in the meeting.

The Prime Minister said the government has taken initiatives to reform and simplify various regulations to ensure a business-friendly environment and attract domestic and foreign investment.

He said JBIC’s priority projects were aligned with the development priorities of the current government.

Tarique Rahman expressed gratitude to JBIC for its contributions to Bangladesh’s economic development and its investment and cooperation in various sectors, said the deputy press secretary.

During the meeting, Bangladesh requested JBIC to open an office in the country. The bank’s governor said he would consider the proposal seriously.

Finance and Planning Minister Amir Khosru Mahmud Chowdhury, Prime Minister’s Adviser on Finance and Planning Rashed Al Mahmud Titumir, Invest Bangladesh Authority Chairman Ashik Chowdhury, Bangladesh Bank Governor Md Mostaqur Rahman, Prime Minister’s Special Assistant for Overseas Employment in the Asia-Pacific Region Dr Md Shakirul Islam Khan and Prime Minister’s Additional Press Secretary Atikur Rahman Rumon, among others, were present at the meeting from the Bangladesh side.