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BSEC to hold roadshow in Qatar to attract FDI

| Updated: May 13, 2022 17:44:42

BSEC to hold roadshow in Qatar to attract FDI

The Bangladesh Securities and Exchange Commission (BSEC) and Bangladesh Investment Development Authority (BIDA) are going to organise a roadshow in Qatar from May 18 to May 19 to attract more foreign direct investments (FDI).

The roadshow titled ‘The Rise of Bengal Tiger: Potentials of Trade and Investment in Bangladesh’ will be held at Marsa Malaz Kempinski, The Pearl - Doha.

The roadshow will be organised in partnership with the Ministry of Foreign Affairs and in association with Bangladesh Forum Qatar (BFQ), reports BSS.

Prime Minister's Private Sector Industry and Investment Adviser Salman F Rahman, Foreign Minister Dr AK Abdul Momen, Planning Minister MA Mannan, Commerce Minister Tipu Munshi, BIDA Executive Chairman Md Sirazul Islam, BSEC Chairman Shibli Rubayat-Ul-Islam and some other government and non-government high-ups are expected to join the event.

High officials of the Qatar government, business chamber leaders, and entrepreneurs of Qatar are also expected to join the event.

The first day of the roadshow consists of two sessions- Morning and Afternoon. The sessions are 'The Rise of Bengal Tiger: Potentials of Trade and Investment in Bangladesh' and 'Investment Flash Mov: Networking Dinner'.

The second day of the roadshow consists of five sessions. The sessions are 'Investment in Portfolio and Projects', 'Unearth GEM: Flourishing Tourism and Hospitality Industry', 'Future Investment Destination: IT and Startup Opportunity', 'Next Investment Window: Growing Shipbuilding Industry', and 'Inherited Glory: Untapped Leather Goods and Footwear Industry'.

Talking to BSS, Shibli Rubayat-Ul-Islam said that BSEC has already organised several roadshows in the UK, the USA and Switzerland to attract foreign investment in the capital market as well as to brand Bangladesh.

"Now, we are arranging the roadshow in Qatar to get more investments. We want to focus on foreign direct investment (FDI) and the capital market," he added.

He said that the government of Bangladesh is a business-friendly one and everybody should uphold the positive image of Bangladesh in the international arena.

Bangladesh has made tremendous progress in many sectors, especially in the infrastructure sector but these achievements did not get much promotion, he added.

He added: "Qatar is a small country. Many entrepreneurs of Qatar are investing in other countries. We will encourage them to invest in Bangladesh as a return of the investment in the country is very high."

BFQ Founding President Iftekhar Ahmed said the event would go a long way in rebranding Bangladesh as an economic powerhouse and breaking the stereotype of being a supplier of low-cost human resources.

"Bangladesh, growing rapidly over a decade, is on its way to becoming the next Asian Tiger. Economic and political stability are driving its journey towards the future. Currently the 41st largest economy, Bangladesh will be the 25th largest economy by 2035," he added.

He said Doha is the capital and most populous city of Qatar and it is the political and economic center of the country.

"As the commercial capital of Qatar and one of the emergent financial centers in the Middle East, Doha is considered a beta-level global city by the Globalization and World Cities Research Network. Investors from Doha would find great potential in investing in Bangladesh, one of the fastest-growing countries of the world. The huge potentials of investment in Bangladesh certainly match the interests of the investors of Doha," he added.

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