Thursday, 2 December, 2021
E-paper

Bangladesh-Netherlands Investment Summit

3 key sectors to get focused

  • Diplomatic Correspondent
  • 5 December, 2020 12:00 AM
  • Print news
3 key sectors to get focused

Popular News

A two-day Bangladesh-Netherlands Investment Summit will be held on December 8 and 9, aiming to mobilise potential Dutch entrepreneurs, innovators and SMEs to explore specific investment opportunities in three key sectors -- Agriculture-Food, Light Engineering, Water-Maritime.  

Bangladesh Embassy in the Netherlands in cooperation with the Dutch Government is organising the virtual summit.

Two leading investment consulting firms -- LightCastle Partners (Dhaka) and Larive International (Amsterdam) -- are collaborating with the embassy in this venture.

Leading Bangladeshi chambers, industry associations and agencies, including BGMEA, DCCI, MCCI, CCCI, BIDA, BEZA, BEPZA, are associated with the embassy’s initiative, said a press release of Bangladesh Embassy in the Netherlands.

The leading Dutch Government agency, Netherlands Enterprise Agency (RVO), is also a partner of the summit. As much as the sectors are of interest to the Dutch side, these are economically significant for Bangladesh economy’s future growth.

Unlike conventionally organised business or investment seminars or B-to-B meetings, the event will bring a set of three sector-specific, interactive webinars where the interested Dutch entrepreneurs will engage with sector-specific panelists from Bangladesh and the Netherlands to assess ways to form long-term collaboration with credible private sector partners in Bangladesh.

Anyone interested can watch the (virtual) summit proceedings that will be livestreamed from the Bangladesh Embassy in the Netherlands’ Facebook page (facebook.com/bangladeshembassyTheHague) as also the pages of the Bangladeshi partners simultaneously.

Following the investment webinars, on December 10, the Embassy and LightCastle Partnersand LaRive would be launching a first-ever, illustrative study on Dutch-Bangladesh economic engagements to date.

The study would highlight key accomplishments in various economic fields as also share indicate possible areas of cooperation between private sectors of Bangladesh and the Netherlands.

Over the past five decades, Bangladesh enjoys seamless political ties and economic engagements with the Netherlands. Beyond ODA, there is now growing potential for Dutch involvement in various fields in Bangladesh through Dutch knowledge, innovation, technological products and solutions within global supply chains.

Prime Minister Sheikh Hasina paid a visit to the Netherlands in 2015. The Netherlands is the 4th largest origin country for Foreign Direct Investment to Bangladesh and 7th largest export destination in Europe for Bangladeshi goods. In 2019-20, Bangladesh exports to the Netherlands stood at around Euro 1.25 billion.