FBCCI for promoting JVs with Turkey | 2018-02-15 | daily-sun.com

FBCCI for promoting JVs with Turkey

Staff Correspondent     14th February, 2018 11:29:40 printer

FBCCI for promoting JVs with Turkey

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Shafiul Islam Mohiuddin presents a crest to visiting Turkey-Bangladesh Business Council Chairperson Laura Gok at FBCCI head office in Dhaka on Wednesday.

Business leaders on Wednesday urged the Turkish businessmen to promote joint venture investment as well as transfer of technology to Bangladesh.

Leaders of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) made the call to the visiting delegation of Turkey-Bangladesh Business Council (TBBC) at FBCCI head office in Dhaka.

The chamber leaders urged them for joint venture in RMG, leather, IT, agro based industries and other potential sectors. Moreover, the FBCCI leaders put emphasis on transfer of factory and technology from Turkey to increase investment and bilateral trade between the two countries.

TBBC Chairperson Laura Gok led the Turkey delegation to the meeting with FBCCI President Shafiul Islam (Mohiuddin) and Senior Vice President Sheikh Fazle Fahim.

FBCCI chief Shafiul Islam expressed Bangladesh’s interest for joint ventures in RMG, leather, IT, and agro based industries. Turkey’s delegation mentioned that   Bangladesh achieved consistent growth of over 6 per cent during the last couple of years and 7 percent plus growth in last two years.

Shafiul also said that the government offers lucrative investment facilities for foreign investors which include Tax Holiday, Double Taxation, Corporate Tax Incentive and invited the Turkey Businessmen to invest or set up joint ventures industries in the country’s Economic Zones or outside the EZ’s.

Murat Yarat, Commercial Councellor of Turkish Embassy and Tulin Avci, Assistant Coordinator of the Council also attended the programme.

Laura Gok expressed her deep interest to import more products from Bangladesh and said they will work more closely for boosting up the bilateral trade.

FBCCI Senior Vice President Sheikh Fazle Fahim said that they will revisit the bilateral agreements signed between the trade bodies to focus the future plan for exploring markets and potential sectors to invest.

The principal export products from Bangladesh to Turkey are woven garments, Jute and Jute goods, Knitwear, manmade filaments and staple fibers, ceramic products and home textile, according to the trade body.