Tuesday, 5 July, 2022

Bangladeshis can invest in Rwanda’s infrastructure

  • Staff Correspondent
  • 28 March, 2022 12:00 AM
  • Print news

Dhaka chamber sees a good prospect for Bangladeshi investors in the growing infrastructure sector of Africa’s one of the promising countries Rwanda.

Senior vice-president of Dhaka Chamber of Commerce and Idustry (DCCI) Arman Haque spoke of his at a meeting between the chamber leaders and High Commissioner of Rwanda in New Delhi Mukangira Jacqueline.

Arman Haque requested Rwanda’s importers to import steel, cement, eco-friendly brick, PVC pipe, electrical cable and skilled construction workers from Bangladesh.

 He said the bilateral trade volume between Bangladesh and Rwanda is very insignificant. Since Rwanda is a member of the East African Community (EAC) and Common Market for Eastern and Southern Africa (COMESA); Bangladesh can explore opportunities and forge collaboration with Rwanda in order to access other promising markets in the African continent, he added.

Besides, generic medicine, jute, contract farming and furniture have a good prospect for Bangladeshi entrepreneurs in Rwanda.

Arman Haque assured the High Commissioner that the Dhaka Chamber will extend its fullest cooperation in facilitating any business delegation from Rwanda.

In reply, Mukangira Jacqueline said that the existing trade relation with Bangladesh is very friendly and it will continue in future as well.

She also said that Rwanda is the second fastest growing economy in Africa and fifth in east African region in terms of creating network readiness.

She mentioned that in Rwanda an entrepreneur can avail company registration in less than 6 hours. She invited Bangladeshi investors to invest in Rwanda with a view to capture large African market.

Later, she urged for stronger collaboration between the businessmen of both the countries. She urged Dhaka Chamber to sign a MoU with its counterpart Chamber in Rwanda. She also urged upon frequent exchange of business delegation of both parties.

DCCI vice-president Monowar Hossain and Second Counsellor of the High Commission of Rwanda Irakoze Prosper were also present during the meeting.