Bangla will soon sign Tata deal with India The executive chairman of the Board of
Investment, Mahmudur
Rahman, insisted on Wednesday that the next elected
government should sign the agreement with the Indian conglomerate Tata to avoid controversy and uphold interest of both parties.
Mahmud, also energy adviser to the government, said he saw no sign of an agreement with Tata during the remaining period of the incumbent government. ‘The
investment agreement with Tata should be signed by the next government to benefit both sides,’ he said.
If the incumbent government signs any agreement with Tata, different quarters would try to make it an election issue. ‘In that case, both Tata and the government will suffer.’
Mahmud said he does not believe Tata will decide against investing $3 billion because of the government’s latest position. ‘I don’t think Tata will back out. It has already waited about two years to see the plan materialise.’
A good number of people are there to criticise the government even when it pursues a big investment plan such as Tata’s or carry out activities to make the economy stronger, he said.