Bangladesh seeks Canadian investment in waste to energy and solar power

The Russia-Ukraine war has created an opportunity for Bangladesh to grab the Canadian outsourcing market. 

At the virtual meeting of the working committee held on Tuesday night, Nuzhat Tam Zaman, the Canadian side co-chair of the Canada Bangladesh joint working group on strengthening commercial relations, came up with this information, said a press release.

She said: "Most Canadian companies are used to hiring freelancers from India, Russia, and Ukraine for web development, social media management, digital content production, and other ITES. 

But the Russia-Ukraine war opens the window for Bangladeshi freelancers to enter into the Canadian market."

Md Jashim Uddin, President of FBCCI and Bangladeshi side co-chair of the joint working committee, informed that more than six lakh skilled Bangladesh freelancers are working in the global outsourcing market. 

Earlier, the President urged Canadian companies to invest in waste management and waste-to-power generation as the country has several well-reputed companies in this field. 

Syed Alma Kabir, director and member of the committee, called on Canadian investors to set up factories and produce solar panels in Bangladesh. 

During the meeting, both sides emphasize trade missions to boost bilateral trade and commerce. 

Thomas Timmins from Canada delivered a presentation on renewable energy while Dr E H Arefin Ahmed from Bangladesh gave his presentation on the pharmaceutical industry of Bangladesh. 

Also present at the meeting were Bangladesh Plastic Goods Manufacturers and Exporters Association President Shamim Ahmed, Former President of Bangladesh Jute Goods Association Shahidul Islam Helal, Canada Bangladesh Chamber of Commerce and Industry President Masud Rahman, Saskatchen Trade and Export Partnership President C. Dekker, Additional Commerce Secretary Md Abdur Rahim Khan, Trade Commissioner of the Canadian High Commission, Dhaka Qazi Golam Farhad, and FBCCI Secretary-General Mohammad Mahfuzul Hoque.