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FBCCI seeks UK partnership in supply chain development

  • Special Correspondent
  • 9 December, 2022 12:00 AM
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FBCCI seeks UK partnership in supply chain development

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The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought partnership with the United Kingdom in technology transfer and supply chain development in order to ensure LDC graduation and to meet the challenges of the fourth industrial revolution.

While attending a roundtable discussion on ‘Bangladesh-UK Trade and Investment Roundtable-2022’ at London on Wednesday, FBCCI president Md. Jashim Uddin said, “Bangladesh’s journey towards development is now at a new height.”

“The government is doing everything to create new opportunities for businesses and investors.

“But to face the challenges of LDC graduation by 2026 and integration into the fourth Industrial revolution, our urgent requirement is technology transfer and joint venture partnership in the global supply chain,” he said.

The president said that Innovative knowledge should be applied in agricultural and industrial production and service sectors. FBCCI wants the UK's partnership in these cases, Md. Jashim Uddin  added.

“We are manufacturers of diversified pharmaceuticals products, leather goods, plastic, frozen seafood, ceramics, jute products, and home appliances,”  he said.

FBCCI chief said, “The UK could invest in Bangladesh in the areas of energy, agro-processing, pharmaceuticals, Plastic & Petro-Chemical, engineering, logistics sector, financial services, and support in skill development programmes for upgrading managers and workers.”

He invited the UK government and business leaders to take part in the "Bangladesh Business Summit" which is expected to see high-level participation from around the globe.

FBCCI president informed that the Business Summit will showcase the competitiveness of Bangladesh in the areas mentioned which implies doing business.