Dhaka Chamber of Commerce and Industry (DCCI) has urged the non-resident Bangladeshis residing in the United Kingdom to invest in Bangladesh.
The chamber made the call at a meeting with a visiting delegation of UK-Bangladesh Catalysts of Commerce and Industry (UKBCCI) yesterday.
UKBCCI Chairman Iqal Ahmed OBE, President Bajloor Rashid and Senior Vice President MA Rouf were present in the meeting at DCCI office in Dhaka, said a DCCI press release.
DCCI President Mohammad Shahjahan Khan welcomed the delegation.
He invited members of UKBCCI to invest in power, oil and gas, tea garden and financial sectors in Bangladesh.
Shahjahan Khan said there were some other potential sectors for British investment, which could include agriculture, ceramics, frozen foods and ICT etc.
The direct investment flow from the UK to Bangladesh in fiscal year 2012-13 was $159.5m elevating the UK to the second top position among countries investing in Bangladesh, the DCCI leader said.
Chairman of UKBCCI Iqbal Ahmed OBE said UKBCCI will work for the development of bilateral trade relation of both the countries.
He said the NRBs residing in the UK want to invest in Bangladesh especially in the IT sector.
“But Bangladesh needs to improve its infrastructure to attract FDI.”
He expressed his intention to sign a memorandum of understanding (MoU) with the DCCI for further strengthening bilateral relation where the chamber will act as catalyst.
“We have increased the know-how among the new generation entrepreneurs of Bangladesh and UK.”
“NRB business community of UK are eager to work for the small and medium enterprises of Bangladesh.”
Iqbal Ahmed OBE expressed their intention to establish catering training institutes in Bangladesh to create skilled workforce.
“UKBCCI started ‘Student Membership’ in their institute to encourage young entrepreneurs in the UK.”
Besides, the delegation leader said Bangladeshi exporters can be benefited from spice exports to the European country.
DCCI Vice President Shahidul Islam and directors Md Iftekharuddin Naushad, Rizwan Ur Rahman, Muktar Hossain Chowdhury, S Rumi Saifullah, Abdus Salam, Md Shoaib Choudhury, Khair Mohammad Khan and KG Karim were also present in the meeting.