Businesses and entrepreneurs in the United Arab Emirates (UAE) are keen on investing in Bangladesh and hiring skilled manpower from the country, according to discussions held between FBCCI President Mahbubul Alam and Mohammad Ali Rashed Lootah, President and CEO of the Dubai Chamber of Commerce in Dubai, UAE.
Mahbubul Alam assured UAE investors of FBCCI’s full support, emphasizing the longstanding friendly relations between Bangladesh and the UAE. He highlighted the significant contribution of Bangladeshi workers in the UAE to the country’s economy through remittances.
The discussions focused on strengthening economic collaboration, with Mahbubul Alam underscoring the Bangladeshi government’s efforts to attract foreign investments. He highlighted key measures, including the establishment of 100 Special Economic Zones (EPZ) and the completion of major infrastructure projects.
Encouraging UAE businessmen to explore investment opportunities, Mahbubul Alam pointed to the success stories of countries like Japan, India, and Korea that have invested in EPZs. He specifically highlighted the vast investment potential in Chittagong, Payra, and Matarbari deep-sea ports.
The FBCCI President urged UAE companies to consider investing in globally recognized sectors in Bangladesh, such as garment, ceramics, leather goods, and jute. Emphasizing the benefits of investment in these areas, he showcased Bangladesh’s commitment to providing a safe and smooth business environment.
In response, Dubai Chamber President Mohammad Ali Rashed Lootah expressed UAE businessmen’s keen interest in Bangladesh. He mentioned that a team from the Dubai Chamber has been formed to assess investment potential in Bangladesh and expressed interest in hiring skilled manpower from the country.
Additionally, Mohammad Ali Rashed Lootah invited Bangladeshi businessmen to consider investing in Dubai, further promoting bilateral economic cooperation.
