Problem of direct foreign investment in Bangladesh
Bangladesh is an over populated under develop country of the world. The peoples of Bangladesh are mostly unskilled and depend in Agriculture. The political situation of the country still depends on some groups but the people’s participation on democratic process is becoming very effective process id becoming very effective. Now the investors are facing some problems to run their business in this country. The most of the problems are not attending by the Government due to their administrative inefficiency and lack off political commitments. The problems which creating problems to the investors are;
o Low and order conditions
o Government bureaucracy
o Port situations
o General strikes and political activity to shut the economic activities
o Power, Communication and other utility services
o Trade union activities outside the EPZ areas
o Rivalry between main political parties
o Shortage of skill human resources
The above problem is present in Bangladesh. The peoples need still to investment by the foreigners. The last 10 to 15 years the Government takes many programs to accelerate the foreign investments in Bangladesh.
1)The area of Telecommunication developed rapidly in last few year and three is still some problems to be attending, and privatization in this industry in very remarkable particularly in cellular telephone.
1) Power generation sectors are open to foreign and private investors to eliminate the bureaucracy and monopoly of Government owned powers authority. The government relaxed rules and regulation to installed power station or gas generators for industrial use
2) 2. Port facility still not full fills the requirements of the exporters and importers. In this situation government decided to give permission to establish private ports in Chittagong which is under negotiation.
3) 3. The political situation also improving and last 03 governments take after an acceptable electoral process which is a symbol of improvement in domestic process in Bangladesh. The hopes are near to the reality to eliminate the political rivalry between the main political parties. Boycotting the parliament is bed sign for our democratic process, the good thing is that the people realizing. The role of the parliament should be as a canter of all political debates.
4) 5. The role of civil society becomes effective to create pressure on political government to move in favors of public interest. To make people comments in this regard, the role of media also important. In last one decade the freedom in media improved, and printed media are enjoying a very good atmosphere than last decade. Electronic is the media which enjoying freedom at specific area of government authorization.
5) 5. Development of human resources is not up to the mark as per requirements of the country. To complete in global market a well as participation in countries internal development activities, the development of Human resource is very essential. Government, Local and international development agencies take part to develop the human resources of the country. The 50% of the population of the country is female, so the activities by the local and international Non Government organization emphasis to develop them. This is a good sign for develop Human resources of the country.
6) 6. Law and order situation if the country is very poor. The faith in law enforcement authority is very low and it hears to believe by the people that the law enforcement authority could do their job according to requirement of the people. The government main political party also realizes it, and the pressure is increasing continuously. The optimistic believed that the situation will be changed.
• 7.Trade union activity if the country basically revolves in government owned enterprise and the activated in private enterprise in an acceptable condition except in transport industries and jute mills in Bangladesh. Most of the multinational enterprise trade union activity now in a quite and peace full. The law protects the trade union activity in export processing zone area; the government has established privatization board to privatization the government owned enterprise. Through successful privatization will make the enterprise profitable and it is assumed that the good management can reduce the labor dissatisfaction.
