Spain eager to expand investments in Bangladesh

Spain on Thursday expressed keen interest in expanding its investment and commercial engagements in Bangladesh, particularly in manufacturing, renewable energy, infrastructure, technology and other promising sectors. 

The interest was conveyed by the Spanish Ambassador to Bangladesh, María Sistiaga Ochoa de Chinchetru, when she paid a courtesy call on the Prime Minister’s foreign affairs Adviser Humayun Kabir at the Prime Minister’s Office in the city’s Tejgaon area.

During the meeting, the two sides discussed ways to further strengthen and diversify the friendly bilateral relations between Bangladesh and Spain, with particular emphasis on expanding cooperation in trade, investment, renewable energy, infrastructure development, tourism, agriculture, education, technology and skilled human resource development.

The ambassador highly appreciated Bangladesh’s ongoing economic progress, investment-friendly environment and strategic geographic location.

She expressed Spain’s interest in enhancing investment and business ties with Bangladesh, especially in the manufacturing sector, renewable energy projects, infrastructure development and technology-based industries.

The envoy also discussed opportunities for strengthening collaboration between the private sectors of the two countries to unlock new avenues of trade and investment.

Humayun Kabir welcomed Spanish investors to explore opportunities in Bangladesh, highlighting the growing economic and development partnership between the two countries.

He said Bangladesh has emerged as a stable and promising destination for foreign investment and reiterated the government’s commitment to ensuring a conducive environment for investors.

The adviser underscored the importance of deepening economic cooperation to further boost bilateral relations and create mutually beneficial opportunities.

The meeting was held in a cordial atmosphere, where both sides reaffirmed their commitment to strengthening cooperation on issues of mutual interest and expressed optimism about elevating Bangladesh-Spain relations to a new height.