Sharp reaction

By Rezaul Huq, Lalmatia, Dhaka
24 April 2004, 18:00 PM
Our attention has been drawn to a news item published on April 13, 2004, regarding the reaction of the FICCI chief to mugging of Tk 300,000 of a foreign manufacturing company.

The incident was no doubt deplorable and a matter of concern to every citizen. The FICCI chief reacted sharply and said that foreign investors would rethink on investment in this country, contrary to the views expressed emphatically by the sponsors of EPZ. In the industrialised world, these things are not uncommon but they do not inhibit entrepreneurs from investing and doing business as long as other facilities are found conducive.

The local people representing foreign companies are expected to be more pragmatic in their approach.