Elon Musk set to attend Bangladesh‍‍`s international investment summit in April

Business Desk

Published: December 25, 2024, 06:26 PM

Elon Musk set to attend Bangladesh‍‍`s international investment summit in April

Elon Musk. Source: Collected

Bangladesh is gearing up to host an international investment summit in Dhaka next April, and it could see the participation of some of the world’s most prominent business leaders, including Elon Musk.

According to sources close to the government, a team from the interim government has already sent out invitations to leading business figures across the globe. 

One of the key names on the list is Elon Musk, the CEO of Tesla and SpaceX. 

The government is hopeful about Musk’s attendance after a senior member of his security team recently visited Dhaka. 

“The government is highly optimistic about Elon Musk’s participation,” an official shared with UNB on Wednesday.

Elon Musk has been making waves in the business world, becoming the first person to achieve a fortune of $400 billion, according to a report by Bloomberg. 

This is largely thanks to the market success of his companies, Tesla and SpaceX, which have skyrocketed his wealth, cementing his place as the richest person in the world.

The investment summit, which is expected to take place in mid-April, will run for three days, with a carefully selected guest list. 

The Bangladesh Investment Development Authority (BIDA) will be leading the organization of this significant event, with the full support of the government and other administrative bodies.

The summit isn‍‍`t just focused on Elon Musk. Other renowned global business icons, such as Amazon founder Jeff Bezos and Oracle co-founder Larry Ellison, are also likely to be invited. 

To attract these high-profile attendees, BIDA is considering using the influence of Nobel Laureate Dr. Yunus to help bring attention to the event. This summit is seen as a key opportunity for Bangladesh to secure substantial foreign investments.

Adding to the excitement surrounding Musk’s potential attendance, his business ventures have also seen a boost with the re-election of U.S. President Donald Trump. 

Musk played a significant role in Trump’s campaign, which is believed to have contributed to favorable market conditions for his businesses in the U.S.

In a related development, Musk‍‍`s close associate, Sriram Krishnan, an Indian-origin tech expert, has recently been appointed to a major role in the White House’s Artificial Intelligence (AI) policy-making committee. 

This shows how crucial AI is becoming in global policy-making, and Krishnan is expected to be key in shaping future regulations around AI.

Bangladesh has hosted similar investment summits in the past, but none have truly hit their mark. 

This time, however, there’s a sense of optimism that this event could be different. “So, it is going to be a game-changer for the nation!” said one government official.

With top names in the business world being invited and the promise of potential investment, the upcoming summit could mark a new chapter for Bangladesh’s economic growth.

 

Link copied!