India has shown interest to invest in the liquefied natural gas (LNG), power and other potential sectors in Bangladesh.
Indian High Commissioner in Dhaka Riva Ganguly Das expressed the interest at a meeting with Finance Minister AHM Mustafa Kamal at his office at Sher-e-Bangla Nagar in the city on Monday, said a press release.
At the meeting, the Indian envoy said connectivity between Bangladesh and India has expanded, especially in rail and road sectors, in recent years.
She also said Bangladesh needs to put more emphasis on connectivity and institutional development to maintain the pace of economic growth.
Ms Das also suggested that Bangladesh can build smart cities like the ones in India.
In response, the finance minister said Bangladesh has the potential and adequate places to build smart cities.
If India agrees to cooperate, Bangladesh can work together to develop smart cities, he added.
Due to its geographical location, Bangladesh has turned into a centre of regional communications, foreign investment and global outsourcing, Mr Kamal said.
He informed the envoy that the Bangladesh government has been setting up 100 economic zones across the country to attract foreign investments and promote local businesses as well.
He also invited increased Indian investments to Bangladesh.
