Business and Investment Future Depends on Election Credibility: BCI President

Staff Report: PNN

Anwar-ul Alam Parvez, President of the Bangladesh Chamber of Industries (BCI), said that the future stability of business and investment entirely depends on the quality and credibility of the upcoming national elections.

He made the remarks while speaking to the media after the Election Commission announced the schedule on Thursday (11 December).

He said: “A free, fair, and transparent election is the key condition to restore the country’s economy and business confidence. If the election environment is peaceful, investors will be encouraged to invest.”

Parvez added that even after the schedule announcement, uncertainty remains among the general public regarding the smooth conduct of the election. Observing law enforcement and overall conditions, people are still cautious.

He further stated: “Immediately after the election, investors will not rush into investments. They will observe the market, political stability, and policy continuity for at least five to six months. However, if the election is conducted smoothly, the current concerns will largely be alleviated.”

He believes that for the economy to regain momentum, political peace and long-term stability are essential. Ensuring credible elections would increase both domestic and foreign investment and restore normal industrial growth. Parvez said: “Economy, industrialization, and employment all depend on the credibility of the upcoming election. If the government can deliver a credible election, the country will return to the path of development in the coming years.”