Investibility Rating
The man who leads Global Corporate Finance of ANZ Investment Bank, Reinhold Heus, gave us a leap of the mind on Wednesday. He told a distinguished gathering in Dhaka that Bangladesh's improving risk: reward ratio of investment-worthiness puts her in league with neighbours like India and Pakistan. He has the benefit of a global view and keeps relevant statistics handy, some of which he cited to carry his point with the audience. Especially mind-lifting has been his bracketing us not merely with India and Pakistan but even with China and Australia in terms of country risk equivalence.
We must thank Heus for his fresh angle on our investment prospects and also for his advice to launch a pro-active propaganda campaign to get us a positive exposure abroad. Particularly in terms of the investment options available here with guarantee for 100 per cent equity participation and the repatriatibility of funds.
While the top financial world expert from the ANZ Investment Bank has put some balm on our aching vocal chord strained through harping our incentives package, there are certain internalities we need badly to improve upon to be able to put our best face forward overseas.
Our negative connotations cannot simply change into the positive so long as we have threats of hartal, cluttered procedures, decision-making at a dead slow pace, poor manhour yields, infrastructural unreliabilities and dysfunctional ports - all making for a package of veritable disincentives. We must learn to take care of potential foreign investors the moment they arrive at the ZIA as the essence of what we call the 'one-stop service'.
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