While Charity may address the temporary crisis, it is Philanthropy that will provide the long-term and sustainable solutions. This is the first area of interest of the task force initiative. Research showed that a significant number of NRB Diaspora contributes to Bangladesh. ...

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Continuous investment is vital to the development of Bangladesh. There are many established instruments for investments where large corporations or countries can invest.  However, investment here is mainly focused towards individuals or smaller groups among the NRBs. ...

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This area of interest is to turn the so-called “brain drain” to “brain gain”. There are thousands of NRB experts around the globe who would be very interested to come back to Bangladesh to render their services if they are recognized and proper remuneration are paid. ...

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Concept of PIE

The concept of PIE that stands for Philanthropy, Investment, and Expert Affiliation was developed to group all activities in three areas. This will allow the Task Force to focus on specific areas and provide the appropriate resources.

The first area is Philanthropy which can be a donation of assets (cash, land, properties etc.). It can be anonymous, by name, by the name of a family member or for a cause. It can be earmarked for a specific location in Bangladesh or be added to a common pool. The Task Force will help by facilitating the effort and making sure all philanthropic contributions are well spent through active supervision.   The second is is Investment with financial return. There is a multitude of investment opportunities in Bangladesh. There are many agencies set up to facilitate major foreign investments, individual or group investments. NRB investors can invest in government-sponsored projects or can engage directly with private business entities. The Task Force can help by recommending the instruments of investments. These instruments will be verified by the Task Force to be valid and profitable.

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The third and the final area is Expert Affiliation. This area covers all areas of expertise such as Engineers, Doctors, Academics, Scientists etc. The Task Force can help by connecting these resources to the appropriate entities in Bangladesh who are always looking for experts. The web portal will work as a marketplace to connect the supply and demand side of the spectrum.

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