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Dhaka Tribune

Bangladesh's food processing industry has potential for UAE investors: Envoy

Dubai is keen to strengthen this tie, particularly as the food processing industry in Bangladesh is promising for UAE investors

Update : 02 Mar 2022, 06:24 PM

The UAE and Bangladesh have a long-standing bilateral trade relationship. 

Dubai is keen to further strengthen this tie, particularly as the food processing industry in Bangladesh is promising for UAE investors, said a press release.

The UAE ambassador to Bangladesh, Abdulla Ali AlHmoudi, made this remark during a courtesy call on the FBCCI President, Md Jashim Uddin, at the FBCCI Icon on Wednesday. 

At the same time, the envoy said: "Different countries showcase their goods at the pavilions in the Global Village of Dubai. The Ambassador urged Bangladesh to take advantage of this. The Bangladesh Pavilion in the Global Village would make it easier for tourists from different countries, including Dubai, to get information about Bangladeshi products."

Lauding the dedication of the Bangladeshi people, the ambassador said: "The number of Bangladeshis in white-collar professions, including engineers, doctors, and nurses, is increasing in the UAE."

FBCCI President Md Jashim Uddin said: "Bangladesh has now become an attractive investment destination for global entrepreneurs as the country facilitates skilled workers, a huge domestic market of 170 million people, ready infrastructure in economic zones, and duty-free market access for exports to various countries. The President called upon the UAE investors to take advantage of this opportunity."

He added that there are opportunities to enhance bilateral investment relations with the UAE in various sectors, including food processing, halal food, and skills development. 

The meeting also discussed the UAE and Bangladesh Business Councils to be inaugurated this month. 

FBCCI Vice President MA Momen, Md Amin Helaly, Salauddin Alamgir, Habib Ullah Dawn, Director Md Amjad Hossain, and Secretary-General Mohammad Mahfuzul Hoque were also present at the meeting.

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