a year ago

Nigeria keen to invest in BD economic zones

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A high-level delegation from Nigeria has shown keen interest to invest in Bangladesh's economic zones (EZ) in a bid to expand bilateral trade relations between the two countries.

In response, the Bangladesh Economic Zones Authority (BEZA) vowed to provide all-out support to the investors from the African nation.

The investment proposal was made at a meeting between the visiting team comprising officials from various ministries and departments of the Nigerian government and BEZA officials held at the latter's office in the city's Agargaon on Sunday, sources familiar with the development told the FE.

From Nigeria, Akinremi Bolaji, director (economy, trade and investment) of the country's Foreign Ministry, led the 10-member delegation.

Executive Commissioner of Nigerian Communications Commission Masaka Ubale Ahmed Shehl and Director General of National Identity Management Commission Abubakar Allyu Aziz were among the delegates.

They lauded the economic progress made by Bangladesh in recent years and the opportunities offered for the foreign investors.

BEZA Executive Chairman Shaikh Yusuf Harun welcomed the delegates to Bangladesh and informed them about various benefits offered to the foreign investors in the EZs.

He said Bangladesh is developing 100 EZs across the country, of which several have already begun operations.

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