Saturday, 27 November, 2021

Tipu Munshi woos Canadian entrepreneurs to invest in Bangladesh

Commerce Minister Tipu Munshi, now in Canada, has said ample opportunities are there for Canadian entrepreneurs to invest in Bangladesh.

The commerce minister came up with the remakes during a meeting with Trade and Export Development Minister of Canada’s Saskatchewan province Jeremy Harrison and Agriculture Minister David Marit on Thursday. Tipu Munshi is now on an official visit to Canada.

He termed Canada a good friend of Bangladesh and urged Canadian entrepreneurs to invest in different economic zones of Bangladesh availing of various investment facilities now on offer.

Bangladesh is providing package facilities to foreign investors while investment formalities have been simplified, he told the Canadian ministers.

The government works to set up 100 special economic zones in important places of investment both for domestic and foreign investors.

“Many countries of the world have already invested in these economic zones while many others are coming forward to invest,” Munshi said.

He said there are very good opportunities to increase trade and commerce between the two countries through increased Canadian investment and technology transfer.

A good number of Bangladeshi students are studying in Canada and there are huge potentials to expand education and technical cooperation, the minister said.

In response, the Canadian ministers praised Bangladesh's development, saying Bangladesh's investment policy and environment are quite good.