The Dhaka Chamber of Commerce and Industry (DCCI) has told the ambassador of the Philippines that there is an urgent need for a Dhaka-Manilla direct flight.
Ambassador Vicente Vivencio T Bandillo called on DCCI President Abul Kasem Khan at DCCI on Tuesday at the DCCI office.
“Bangladesh is an investment hungry country,” Abul Kasem Khan told the ambassador at the discussion.
“We need massive investment especially in infrastructure,” he said.
He invited Philippine entrepreneurs to invest in Bangladeshi infrastructure projects and said that at present there are no direct air links between Dhaka and Manila.
“In order to boost bilateral trade between these two friendly countries, direct air flight will be a catalyst in enhancing bilateral trade volume,” Abul Kasem Khan said.
He said the Philippines is a successful country in exporting skilled manpower to various countries. He proposed that Bangladeshi businesses could jointly collaborate with the Philippines to establish an institution for skill development of Bangladeshi outbound manpower, as there is a great demand of skilled workforce throughout the world.
He said that Philippines as well as the ASEAN region can explore the large market of 160 million people here in Bangladesh.
Bangladesh and Philippines can jointly invest in industrial manufacturing like chemicals, construction materials, machinery, transport equipment and electronic products, he said.
Ambassador Bandillo said that potential sectors in Bangladesh for Philippine entrepreneurs were information technology, business process management, travel and transport, agriculture and fisheries and processed food industry.
“Technical education sharing, two-way tourism development, technological research programs, deepening people to people connectivity were also some of the areas where Bangladesh and the Philippines can cooperate with each other,” he said.
He said the Philippines can become a gateway for Bangladeshi businesses into the ASEAN region. Investment in biotechnology tools, portable technologies, photonics and nanotechnology in Philippine will get incentives, he added.
Embassy Attaché Dhaka Lauren S Arce was also present during the meeting. DCCI Vice President Riyadh Hossain, Directors Md Alauddin Malik, Hossain A Sikder, Waqar Ahmad Choudhury, Engr Md. Al Amin, SM Zillur Rahman, Kh Rashedul Ahsan, Humayun Rashid and Secretary General AHM Rezaul Kabir were present.