British investors urged to invest in Bangladesh RMG | 2019-06-18 | daily-sun.com

British investors urged to invest in Bangladesh RMG

Staff Correspondent

18 June, 2019 12:00 AM printer

British investors urged to 
invest in Bangladesh RMG

Dhaka Chamber of Commefce and Industry (DCCI) President Osama Taseer speaks at a networking business meeting between DCCI and UKBCCI at DCCI auditorium in the capital on Monday.

Leaders of Dhaka Chamber of Commerce and Industry (DCCI) on Monday invited the British investors to invest in RMG, shipbuilding, pharmaceuticals, agriculture, leather goods, ICT and financial market in Bangladesh.

They also hoped that UK can be a good market for Bangladeshi spices and agro products.

They made the call at a networking business meeting between DCCI and UKBCCI at DCCI auditorium in the capital on Monday.

DCCI President Osama Taseer presided over the meeting while Senior Vice President of DCCI Waqar Ahmad Choudhury, Chairman of UKBCCI Iqbal Ahmed OBE DBA and President, UKBCCI Bajloor Rahman MBE were present on the occasion.

A 19-member trade delegation from UK Bangladesh Catalysts of Commerce and Industry (UKBCCI) visited Dhaka Chamber of Commerce and Industry (DCCI).

DCCI President Osama Taseer welcomed the delegation and said that the bilateral trade between Bangladesh and UK stood US$ 4377.52 million in 2018 of which Bangladesh exports to UK about US$ 4 billion and import US$ 388 million.

He invited British investors to invest in RMG, ship building, pharmaceuticals, agriculture, leather goods, ICT and financial market.

About 200 British companies have their businesses in Bangladesh in banking, energy, infrastructure, and consultancy and education sector, DCCI president mentioned.  FDI from UK to Bangladesh in 2018 was of about USD 371 billion which is 3rd largest in Bangladesh, he added.

DCCI Director and Coordinating Director, Country Competitiveness, Trade Development and Diversification Standing Committee, DCCI Engr. Akber Hakim presented a power point on bilateral trade and investment scenario of both the countries.

He said that Bangladesh government has been establishing 100 economic zones in the country. The government has established one stop service facility and is giving various incentives to the foreign investors.  He urged the British NRB entrepreneurs to invest in the potential sectors in Bangladesh.

Chairman of UKBCCI Iqbal Ahmed OBE DBA said that the bilateral trade between Bangladesh and UK is in favour of Bangladesh.


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