PM advisor plans to make Bangladesh a developed country by 2041

Development efforts inspired by the German decentralization approach are underway for the comprehensive growth of Bangladesh; Salman F Rahman is hopeful the country will achieve target by 2041

Bangladesh’s development in the last decade has been a quintessential success story, credits to the good governance, exports, and their combined impact on the economic rise during the tenure. Although going at a reasonable pace, Bangladesh is in need of a development model similar to Germany that can bring about an “inclusive, sustainable and resilient” approach, said Manmohan Prakash, the Bangladesh Director of Asia Development Bank, at a seminar on ’spreading equitable development in the country’.

Supporting this notion, Salman F Rahman, the private sector industry and investment advisor to PM Sheikh Hasina, said “Our prime minister has already mentioned that every village will be turned into a city. That’s exactly what the German model is — you are going to take away the concentration from cities …you urbanize the whole country.”

And while this is in consideration, it is important to factor in the differences between the two countries, their goals, and subsequent feasible timeline. For instance, Germany practices a decentralized approach in its industries as well as society, but it took them nearly 200 years. Embracing their style of demography and industrial development, Salman F Rahman added, “The process has already started. We have to do much faster than that (200 years). Our target is to be a developed country by 2041.”

Adoption of a decentralized model is likely to be a valuable addition to the country’s development approach. Major impact of this model will reflect on the newfangled sources of growth and thereby, leading to an increase in the economy. This comes after the fact that the model focuses on expanding small and medium enterprise financing, infrastructural development, digitalization, and empowering education – factors on which Bangladesh has been slowly progressing. However, this calls for an in-depth understanding of the model with specific plans for industrial improvement.

Furthermore, Salman F Rahman highlighted the government’s ongoing efforts of building 100 Special Economic Zones (SEZs) for better investment and employment generation. Combine this with the introduction of policy amendments, improved financial accessibility, and enhanced skill development, the government and ministries of Bangladesh could accomplish the required acceleration to achieve the envisioned global stance of a developed country.

Salman F Rahman is the elected parliamentarian from Dohar and Nawabganj constitution and also vice chairman of country’s largest private sector company, Beximco Group.

UAE-Bangladesh business relations set to receive impetus

In light of a recent meeting in Dhaka between a three-member delegation from the United Arab Emirates (UAE) and Salman F Raman, the private sector industry and investment advisor to Prime Minister Sheikh Hasina, the business relations between Bangladesh and UAE are expected to pick up pace.
The UAE delegation expressed their interest in setting up businesses in Bangladesh and stated that they would be more than willing to guide and assist Bangladeshi businessmen who are looking forward to set up business or even explore investment opportunities in the UAE. The delegation was headed by Waleid Bin Abdulkareim, CEO of OnTime Group, along with Yasmine Khan, an LLM-international litigation and arbitration expert as a member.
Abdulkareim discussed the idea of introducing a business center for potential investors and entrepreneurs based in UAE with Salman F Rahman. This comes after the fact that OnTime Group recently bagged the permission of UAE government for the same. If successfully executed, the hub will prove to be a source of information to assist the investors and business associated individuals via direct coordination with the UAE Embassy in Bangladesh’s capital.
Salman F Rahman further helped the UAE delegation in discussing the plans regarding the hub acting as a source of assistance for Bangladeshi businessmen interested in UAE-centric investments. While appreciating the CEO’s efforts, Rahman ensured the delegation that he extends his complete support towards any measure that improves the access to investment and ease of doing business in Bangladesh.
Such endeavors will play a motivating role for other countries to observe the improving international relations along with the rising economy of Bangladesh. With sectors like textiles, pharmaceuticals, ceramics, energy, power, etc, there are substantial opportunities that await proper utilization in Bangladesh.

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Final result of 11th parliamentary elections from Dhaka-1 constituency

Salman F Rahman was spontaneously elected in the 11th parliamentary elections yesterday from Dhaka-1 constituency. He polled 3,04,797 votes from 178 centres while his nearest rival Salma Islam garnered just 38,017 votes from this constituency. Salman F Rahman and Salma Islam are widely considered the main candidates in the election from this constituency. Salma Islam has since withdrawn herself from the election. Salman F Rahman contested the election with the Awami League (AL) symbol of the ‘nouka’ (or ‘boat’), while Salma Islam contested on the ‘motor vehicle’ symbol. After the election, Salman F Rahman said: “The election was fair and neutral in every centre of the country. In Dohar-Nawabganj, the situation was the same.”

Before the election, 23 people were arrested from the area under this constituency for allegedly distributing money to influence voters and instigate violence. Salman F Rahman is a top businessperson who owns the Beximco Group. Salma Islam, a presidium member of the Jatiya Party (JP), is the wife of another top businessman, Nurul Islam Babul of Jamuna Group.

As a local voter of the area said, “Salman F Rahman is a man who can change the fate of the people of Dohar-Nawabganj. We believe he will pay special attention to the people of his constituency.” It is the first berth in Parliament for Salman F Rahman, the private sector adviser to AL chief and outgoing prime minister Sheikh Hasina.

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