FranGlobal sets footprints in Bangladesh

Singapore-based Franchise consultancy firm, FranGlobal set its footprints in Bangladesh officially with Bangladesh’s first ever International Franchise and Retail Expo Saturday at The Westin Dhaka with a cluster of 100+ international and local brands as exhibitors.

The event was sponsored by Monno Home. OrganiserFranGlobal plays a vital role in representing local investors and partnering with diverse global companies for the entry and expansion in different topographies and has 6 international offices in different countries.

Mr. Shafiul Islam Mohiuddin, President, FBCCI was the Chief Guest on this occasion.

The Guest of Honors were Mr. Mirza Nurul Ghani Shovon, President, NASCAIB & Director, SME Foundation; Miss Selima Ahmed, President, Bangladesh Chamber of Commerce & Industries & Mr. RashedMaymunul Islam, DMD, Munnu Home&Mr. Gaurav Marya, Chairman, FranGlobal.

This event witnessed the participation of prominent brands from USA, UK, Italy, South Africa, Australia, Malaysia, Thailand and India. It showcased their franchise opportunities along with the knowledge sharing sessions by number of local and international experts from F&B, Retail, E-commerce and Education sector. Many VIPs, Chamber Leaders, Business Owners and Corporate Leaders joined the event as Guest of Honour. Mr. Gaurav Marya, Chairman of FranGlobal and Asia’s top franchise expert conducted a Master Class where he discussed on best ways to expand business through franchising and partnering with global brands.

Mr. Gaurav Marya, Chairman, FranGlobal said, “As per PwC, Bangladesh is poised to be among top three fastest growing economies of the world by 2030. The country is home to thousands of businesses and has emerged as one of the largest concentrations of multinational companies in South Asia. While there are a handful of Bangladeshi local brands who want to expand their business oversees and planning to franchise globally; foreign franchisees in Bangladesh are doing impressively well, we believe this is the opportune time for FranGlobal to enter Bangladesh market and we are positive of the same. We seek to bring over 50 brands to Bangladesh in the next 2 years while creating investment of USD 39 Mn. It is expected to create 2500 new jobs in the Bangladesh market”.

-rmc//