Dhaka, Sept. 27 -- Bangladesh is pursuing a new development model built around a "3-R" strategy of recovery, restoration and rebuilding, Prime Minister's Finance and Planning Advisor Rashed Al Mahmud Titumir has said.

The strategy focuses on increasing investment, production and employment while expanding public investment in education and healthcare, he said.

Titumir made the remarks as chief guest at the biennial convention of the American Association of Bangladeshi Engineers and Architects in Detroit, Michigan, on Saturday, according to a statement from the planning ministry.

Titumir said the strategy aimed to rebuild an economy weakened under the erstwhile Awami League administration.

The new development model seeks not only to re...