FBCCI invites Sri Lankan investors to invest in Bangladesh

Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has invited Sri Lankan businesspeople and investors to invest in the special economic zones of Bangladesh.

The FBCCI president made the invitation during a courtesy meeting with the High Commissioner of Sri Lanka in Bangladesh, Dharmapala Weerakkody, at the FBCCI’s Gulshan office on Sunday, according to a press release.

The FBCCI president said the government is establishing 100 special economic zones across Bangladesh.

“All kinds of facilities, including oil, gas, and electricity, are being provided in these economic zones apart from one-stop service and e-platforms,” he added.

Mahbubul said attractive incentives are on offer to facilitate business and investment in Bangladesh.

“Sri Lankan businesspeople can benefit from setting up industries here on their own or in joint ventures,” he added.

Mahbubul Alam said garments, pharmaceuticals, eco-tourism and hospitality are some of the potential sectors in Bangladesh.

“If Sri Lankan investors want to invest in Bangladesh, FBCCI will provide all kinds of support,” he added.

While speaking at the meeting, Sri Lankan High Commissioner to Bangladesh Dharmapala Weerakkody said that Sri Lanka has many business entrepreneurs who are interested in doing business in Bangladesh.

Besides, Sri Lanka receives a large number of tourists from Bangladesh every year.

“Now it is time to increase bilateral trade between the two countries,” he added.

The FBCCI leaders praised the Central Bank of Sri Lanka’s role in overcoming the economic challenges.

Commercial Counsellor of the Sri Lankan High Commission Srimali Jayarathna, FBCCI Vice Presidents Shomi Kaiser, Rashadul Hossain Chowdhury (Ronni), and Secretary General Md Alamgir, among others, were present at the meeting.