At the Bangladesh Investment Summit, the Bangladesh Nationalist Party (BNP) unveiled its vision for a “$1 Trillion Economy.”
🔹 If elected to form the government, BNP pledges to create 10 million jobs within the first 18 months.
🔹 BNP aims to increase the FDI-to-GDP ratio from the current 0.45% to 2.5%.
🔹 The party has set a target of achieving a $1 trillion GDP by 2034.
In addition, BNP is committed to reducing the tax burden on citizens and removing the fear of taxation from the public mindset. It plans to increase tax revenue by promoting transparency and simplifying the system rather than imposing excessive taxes.
To boost foreign employment, BNP plans to invest in human capital development, provide practical training, and offer incentives to improve workforce skills. The goal is to surpass previous achievements in overseas employment through strategic planning.
To make Foreign Direct Investment (FDI) in Bangladesh more appealing to international investors, BNP has proposed 11 regulatory reforms, including:
Empowering BIDA (Bangladesh Investment Development Authority)
Modernizing visa and work permit regulations
Introducing 24/7 investor support services
Ensuring automated repatriation of profits
Developing skilled local manpower
Enacting investor protection laws
Enhancing infrastructure, and more.
BNP’s Acting Chairman Tarique Rahman, in his goodwill message on the occasion of the Investment Summit, emphasized unity as the cornerstone of future national development. He highlighted Bangladesh’s immense economic potential in the context of today’s global trade landscape.
He also recalled how former President Ziaur Rahman enacted laws to attract FDI, and how former Prime Minister Begum Khaleda Zia pursued investor-friendly policies during her governments.
BNP’s “$1 Trillion Economy” roadmap presents a detailed vision of how the party intends to revive and reshape Bangladesh’s economy — which has suffered greatly under 18 years of authoritarian rule — if entrusted with forming the next government.