We understand that both the level as well as the composition
of investment play a crucial role in the economic development process.
However, it needs to be understood that investment contributes to the
growth process by increasing the productive capacity, improving the
technology, and enhancing the competitiveness of an economy. And when it
is supplemented with investment in the social sectors, it also results
in human development. The demand for investment depends on strong
macroeconomic fundamentals comprising stability of exchange rates,
fiscal prudence, feasible structure of financial market, including the
regulatory and supervisory framework and the size and quality of the
securities and bond markets, and continuity of a consistent investment
policy.