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Prime Minister’s Adviser on Finance and Planning Prof Dr Rashed Al Mahmud Titumir said Bangladesh has embarked on a transformation aimed at becoming a trillion-dollar economy by 2034, moving beyond the economic vulnerabilities inherited from the previous regime.
“The government is pursuing a new development model based on a three-R strategy — recovery, restoration and reconstruction,” he said.
Titumir made the remarks on Saturday while addressing the biennial convention of the American Association of Bangladeshi Engineers and Architects (AABEA) in Detroit, Michigan, as the chief guest, according to a press release issued on Sunday.
He said the strategy would focus on boosting investment, production and employment while increasing public investment in education and healthcare.
Bangladesh also aims to emerge as a competitive manufacturing hub through industrial diversification, higher productivity and technological advancement, he said.
Titumir urged Bangladeshi-American engineers, scientists and technology entrepreneurs to serve as a bridge to the US innovation ecosystem by connecting Bangladesh with leading universities, research laboratories, technology companies and investors.
He called on diaspora professionals to mentor young Bangladeshi engineers, facilitate technology transfer, establish research partnerships and connect Bangladeshi startups with global capital and markets.
“Your knowledge, credibility, experience and professional networks are themselves a form of investment in Bangladesh,” he said.
The adviser proposed creating a sustained platform to connect diaspora expertise with Bangladesh’s universities, industries and entrepreneurs.
“Let us transform individual Bangladeshi success in America into collective opportunity for Bangladesh,” he added.
AABEA President Engineer Monir Zaman presided over the convention, which was attended by US Congresswoman Debbie Dingell, Michigan Supreme Court Justice Megan Cavanagh and Bangladeshi-American professionals from across the United States.
