BIDA ex­ec­u­tive chair­man to ad­dress Lankan busi­ness com­mu­nity

Daily Mirror (Sri Lanka) - - BUSINESS NEWS -

Kazi M. Aminul Is­lam, Ex­ec­u­tive Chair­man of Bangladesh In­vest­ment Devel­op­ment Author­ity (BIDA) will be in Colombo this week and will ad­dress the busi­ness com­mu­nity on op­por­tu­ni­ties avail­able in Bangladesh as it ag­gres­sively opens up for in­vest­ments in mul­ti­ple sec­tors.

This year Bangladesh was el­e­vated to a lower mid­dle in­come na­tion by the United Na­tions and the eco­nomic growth has hit over seven per­cent GDP mak­ing it a lu­cra­tive South Asian mar­ket for in­vestors. The pop­u­la­tion of Bangladesh is es­ti­mated to be 162 mil­lion and its in­ter­na­tional trade ac­counts to US$ 80 bil­lion.

Sri Lankan com­pa­nies in FMCG, lo­gis­tics, ports, bank­ing, ship­ping, ed­u­ca­tion, hos­pi­tal­ity, health, man­u­fac­tur­ing, in­fra­struc­ture and all other ser­vices have a great op­por­tu­nity to en­ter this mar­ket as a strong re­form agenda is driv­ing eco­nomic growth and a pos­i­tive out­look for busi­nesses to in­vest for greater re­turns. Many in­ter­na­tional com­pa­nies are fo­cus­ing on Bangladesh and it is vi­tal that Sri Lankan in­dus­tries too make in­roads to this de­vel­op­ing na­tion. Al­ready the Sri Lankan com­pa­nies that are present there are do­ing well in their busi­nesses.

A fo­rum is or­gan­ised at the Ban­daranaike Cen­tre for In­ter­na­tional Stud­ies (BCIS) by the Ship­pers’ Academy Colombo, where the busi­ness com­mu­nity can in­ter­act with the BIDA Chair­man and Bangladesh High Com­mis­sioner in Sri Lankan where they can un­der­stand the po­ten­tial mar­ket in­for­ma­tion and in­vest­ment op­por­tu­ni­ties. This fo­rum is free to cor­po­rates on a first come first served ba­sis, and will be held from 3:00p.m. to 5:00p.m. on Au­gust 17, 2018. The fo­rum will also have in­for­ma­tion to the up­com­ing South Asia Mar­itime and Lo­gis­tics Fo­rum in Dhaka, in Oc­to­ber.

Kazi M. Aminul Is­lam

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