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India wants to invest in energy, transport: Munshi

Indian businesses want to invest in energy, transport and agro-processing sectors in Bangladesh, Commerce Minister Tipu Munshi said yesterday.

Besides, Adani Group has proposed to invest Tk 4,500 crore in Bangladesh, he said.

The minister spoke from his residence in Rangpur while sharing the outcome of Prime Minister Sheikh Hasina’s last week’s visit to India.

He said the premier’s visit was fruitful, as the Indian businesses placed investment proposals during their meeting with her in India.

Munshi said prices of rice and wheat would decrease in a couple of months as the government has undertaken initiatives to import grains from Russia and other countries.

He mentioned soybean oil and prices of edible oil decreased in the global market.

But consumers are not getting the benefit of the price fall because of increased cost of dollars.

It is expected that the price of soybean oil will decrease further in two months, he added.

Referring to the PM’s visit, Munshi said India’s West Bengal has responded positively to the Teesta Water Sharing Treaty, he said, and hoped the treaty would be signed soon.

(TDS)

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