Production at Bangladesh's Araihazar Economic Zone to start in 2023

Restriction on overseas remittance from branches, limitation in loans for working capital, restriction on royalty remittance, overdue payment, delay in issuing letters of credit, collection of additional income taxes and value-added-tax, renewal of bond licenses and the wage gap between inside and outside of the economic zone are creating barriers to investment, he emphasised.

Jasim Uddin assured him that FBCCI would work with the government to solve these issues.

Naoki called for making the investment more environment-friendly, according to Bangla media reports.

Fibre2Fashion News Desk (DS)