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WB offers to help Bangladesh for better business environment
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08:23, November 05, 2007

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The visiting World Bank top boss Sunday offered Bangladesh support for a better business environment through the bank's action plan if the country agrees on this major development agenda.

Robert B Zoellick, president of the multilateral donor agency, now in Dhaka on a two-day trip, made the offer when he paid a courtesy call on Chief Adviser Fakhruddin Ahmed, private news agency UNB reported.

The WB chief opined that private investment should come up in a bigger way if Bangladesh wants to get elevated to a mid-income-group country by the year 2015.

He said the World Bank would cooperate with Bangladesh in infrastructure and human resource development.

It was also informed that a World Bank-supported Agricultural Technology project for Bangladesh, worth 65 million U.S. dollars, is in the final stage of approval. It will be replicated and continued for next 15 years.

Zoellick arrived here Saturday evening in a chartered flight. He is scheduled to leave Dhaka Sunday night.

Source: Xinhua



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