The Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) is looking forward to a great engagement with Sichuan China Council on knowledge and resource exchange.
FBCCI president made the anticipation while delivering the keynote speech as one of the representatives of the Business Associations of South and Southeast Asian countries in an online conference titled “China South & Southeast Asia Business Leaders Online Conference Opening Ceremony”.To discuss trade and investment opportunities between South and South-east Asian nations, the Sichuan China Council for the Promotion of International Trade (Sichuan CCPIT) organised the virtual conference earlier on Friday entailing business and government leaders of the region.
Underscoring the importance of complementary cooperation FBCCI president also expressed his great anticipation for targeted engagements with CCPIT Sichuan Council in strategic areas of focusing on maximizing knowledge and resource exchange.
Praising the Bangladesh government’s quick response to the pandemic and highlighting the path to recovery, FBCCI President said, “As we navigate the next normal, we are confident in our economy as it is demonstrating strong recovery trend with GDP growth of 5.24 percent, remittance growth of 5.4 percent and FOREX reserve growth of 10 percent in FY19-20”
Foreign investors, including Chinese ones, with technology and knowledge transfer can avail the opportunity of Bangladesh’s production competitive edge, domestic consumer base, regional market access, said Sheikh Fahim.
Investments benefits of leading Tax, tariff, incentives, 100 percent ownership, profit, dividend repatriation etc in addition to investment options such as joint ventures with domestic investors are also lucrative possibilities, he stated.