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Dhaka Tribune

Iranian business delegation keen to invest in Bangladesh

Update : 04 Feb 2016, 07:04 PM

A visiting Iranian business delegation has expressed its eagerness to invest in Bangladesh as it found the country with huge investment potentials.

The delegation has showed its interest for investing in manufacturing of cement, clinker, railway transportation, polymer, leather, shoes, and chemical industries in Bangladesh.

A 15-member Iranian business delegation came up with the expression at a meeting with Dhaka Chamber of Commerce and Industry (DCCI) President Hossain Khaled and its board of directors’ members yesterday, said a DCC press release.

Mohammad Reza Mowdoody, an adviser to the Iranian Minister for Industry, Trade and Mine, led the Iranian delegation. 

During the meeting, Mowdoody put stress on exchanging trade delegations between Bangladesh and Iran and urged both the government to establish Iran-Bangladesh joint chamber to boost bilateral trade.

He also said: “Business community of both the two countries should expedite business to increase volume of bilateral trade between Bangladesh and Iran.”

During the business-to-business talk, DCCI President Hossain Khaled invited Iranian businesses to invest in readymade garments, textile, shipbuilding, tourism, power and energy, railway, and cement industries in Bangladesh.

He also emphasized on direct banking and technology transfer with Iran. Ambassador of Iran in Bangladesh Dr Abbas Vaezi and DCCI directors also attended the meeting. 

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