National Citizen Party (NCP) attended in the ‘Bangladesh Investment Summit 2025. Photo: collected
At Bangladesh Investment Summit 2025, National Citizen Party (NCP) unveiled plans to transform Bangladesh into an "investment paradise" by 2035, targeting 10 million new jobs, 5 million upskilled workers and 50% female participation in tech education through comprehensive economic reforms.
On Thursday, 10 April, NCP chief coordinator Nasiruddin Patwary presented "Vision 2035," during a press briefing at a hotel in capital, aiming to boost Bangladesh’s business ranking from 168th to the top 50 and raise annual foreign investment from USD 1.3 billion to over USD 15 billion through innovation, ESG, and global partnerships.
"Major countries that have chosen Bangladesh as an investment hub have spoken with us. They sought political commitment to recover from the economic fragility created over the past 15 years. We've assured them Bangladesh will become an investment paradise," said Nasiruddin.
NCP delegation highlighted key priorities including ESG-focused Special Economic Zones, diaspora engagement, and tax incentives for sustainable businesses. Their sectoral focus spans agrotech, renewables, healthcare, light engineering, and the blue economy.
Addressing renewable energy concerns, Patwary stated, "We aim to increase our contribution to 30 percent. We've emphasised agricultural technology, renewable energy, and healthcare while discussing how Bangladesh can transform into a global manufacturing hub."
The party promised to tackle bureaucratic complexities that have deterred investors. "If NCP forms the government, we'll implement one-stop solutions. The younger generation will assist in ensuring security and resolving administrative complications to guarantee a business-friendly environment," Nasiruddin explained.
Financial reforms feature prominently in their strategy, including mandatory ESG compliance for Dhaka Stock Exchange listings, introduction of Central Bank Digital Currency, and establishment of USD 1 billion startup fund.
On political stability concerns, Nasiruddin reassured investors: "Both government and opposition together constitute the state. As a political party, we'll always ensure a business-friendly environment."
NCP's brochure outlines comprehensive regulatory reforms including a one-stop digital investor facilitation centre, blockchain-based land registry, and strengthened anti-corruption laws under an independent oversight body. It emphasizes infrastructure development with smart cities featuring AI traffic systems, net-zero green urban buildings, and expansion of renewable energy to 30% by 2035.
The document highlights Bangladesh's investment potential, noting its young population (70% below 40 years), projected middle-class growth (34.5 million joining by 2025), USD 450 billion economy, and position as a "Next Eleven" emerging market expected to become the 24th largest economy by 2033.
Key business incentives include 10-year tax holidays for strategic sectors like semiconductors and renewable energy, zero tariff on capital goods imports for high-tech industries, and reduced corporate tax for ESG-compliant companies (20% versus 27.5%).
Several NCP leaders attended the event including Mahbub Alam (joint convener), Sagufta Bushra Mishma (joint Member secretary), and Abdullah Al Faisal (joint chief coordinator).