In a unique move to boost trade and investment with neighbouring India, Bangladesh is going to arrange a roadshow on ‘investment opportunities in Bangladesh’ in India from June 27 to attract Indian businesses to investment here in joint ventures.
This is the first-ever Bangladesh roadshow in India under the ‘Bangladesh-India Partnership Initiative’ that will touch upon Mumbai, Chennai and Kolkata.
Board of Investment Bangladesh will arrange the event in cooperation with India Bangladesh Chamber of Commerce and Industry and the Confederation of Indian Industry.
‘This is a unique initiative for having long-term joint venture investments here. We’re inviting Indian businesses to take the opportunities that Bangladesh offers,’ IBCCI president Abdul Matlub Ahmed told the UNB on Friday.
He said India had already offered duty- and quota-free market access for Bangladeshi major products to their market but the export to India had not yet increased significantly.
‘That’s why we’ve told them, you produce your brands products here, and re-export to India and other destinations. This is how they can set up manufacturing units here in joint ventures benefiting both countries,’ Matlub said.
He said merchant banks, insurance companies and big business delegation, including top government officials, would be joining the roadshow.
Bangladesh delegation will leave here on June 26 and will be in Mumbai via Kolkata.
BoI executive chairman Syed Abdus Samad, Bangladesh high commissioner in India Tariq Ahmad Karim, president of the CII Kris Gopalakrishnan, Director General of the CII Chandrajit Banerjee and
IBCCI president Matlub Ahmed will also be present at the inaugural session of the roadshow in Mumbai.
On June 28, the Bangladesh delegation will fly to Chennai and will be there in Kolkata on June 30.
-With New Age input
