No room for politics in development goals
The gathering of 17 political parties in Dhaka, convened by the Bangladesh Investment Development Authority (BIDA), represents a crucial step towards fostering a collaborative approach to national interests.
Ashik Chowdhury, BIDA’s Executive Chairman, aptly emphasised that investment and employment should not be sacrificed on the altar of political disputes.
This newspaper on Wednesday reported that the sentiment resonates deeply in a nation grappling with the complexities of governance and economic stability.
The discussions highlighted the pressing challenges facing the investment sector, with participants voicing concerns over government service delivery, policy continuity, and the need for robust safeguards for domestic investors.
The findings presented by Nahian Rahman Rochi, BIDA’s Head of Business Development, underscore the urgency of addressing these issues.
With over 200 domestic investors consulted, it is clear that the path to sustainable economic growth hinges on a commitment to reform and a focus on long-term strategies.
Dr. MM Akash’s warning against short-term thinking in policy development serves as a timely reminder. The interim government must adopt a forward-looking perspective, particularly if it intends to extend its tenure beyond June 2026.
This is not merely a matter of political expediency; it is about rectifying past missteps and ensuring that future projects, such as the controversial Rampal Power Plant and Payra Port, align with the nation’s long-term interests.
The proposal by Nasiruddin Patwary for a “financial charter” is particularly noteworthy. A cross-party commitment to maintaining investment policy continuity, irrespective of governmental changes, could provide the stability that investors desperately seek.
Such an initiative would signal to both domestic and international stakeholders that Bangladesh is serious about creating a conducive environment for investment.
As the meeting concluded, the cancellation of the post-event press conference was disappointing. However, the dialogue itself marked a rare moment of political consensus on economic policy.
This momentum mustn’t be lost. Stakeholders must continue to elevate investment strategy above partisan considerations, ensuring that the nation’s economic future is prioritised.
The call for unity in investment and employment is not just a political necessity but a moral imperative. Bangladesh stands at a crossroads, and the decisions made today will shape the economic landscape for future generations.
It is time for all political actors to rise above their differences and commit to a shared vision for sustainable development.