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FICCI- Foreign Investor’s Chamber of Commerce & Industry celebrated its 55th anniversary in Bangladesh through a gala night at a city hotel on Saturday.
In its journey of over 55 years, FICCI has been involved in numerous crucial activities to make Bangladesh more trade friendly and attract more foreign companies to invest in the nation of possibilities, helping Bangladesh to graduate from LDC to developing nation.
FICCI started their journey on 1st July 1963. Back then it was called “Agrabad Chamber of Commerce & Industry” as Agrabad in Chattagram was the commercial hub. But in 1987, the Chamber shifted to Dhaka and was named Foreign Investor’s Chamber of Commerce & Industry FICCI. FICCI is the trusted hub for any foreign investor as a source of insight, prospect and development in accordance to Bangladesh.
With over 200 members, currently FICCI comprises of over 85% of all FDIs coming into Bangladesh and influences over 3 million lives directly and indirectly. It contributes 30% of total internal revenue and 4 out of the 5 top revenue contributing sectors are represented by FICCI members. Be it fast moving consumer products, services, telecommunication or financial institution, FICCI organizations are touching lives of millions of Bangladeshis every day every moment.
FICCI has appreciated three organizations: Bangladesh Investment Development Authority (BIDA), National Board of Revenue (NBR) and Bangladesh Police Force through an award which appreciates the efforts of the organizations and personalities who have worked relentlessly to make people’s lives better.
M A Mannan, Minister, Ministry of Planning, Govt. of the People’s Republic of Bangladesh graced the event as the chief guest. FICCI’s Former Presidents, Executive Committee Members, Foreign delegates, Diplomats as well as media personnel were present on the occasion.
In his speech Mr. Shehzad Munim, President of FICCI said, "Since its inception FICCI, as a premier body of foreign investors, is here to extend full support to the Government in promoting FDI. In the process, it intends to aid the development of Bangladesh through its activities and member organizations. Today is an auspicious occasion for us where we not only celebrate the 55th anniversary of FICCI but we celebrate 55 years of FICCI growing with Bangladesh and celebrating Bangladesh."
-rmc//