Mahbubul Alam, the President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has called upon Turkish businessmen to consider investing in the promising sectors of Bangladesh. This appeal was made during a meeting with Turkish Ambassador Ramis Sen at the FBCCI office in Dhaka.
During their discussion, both parties expressed a keen interest in boosting bilateral trade and investment between Bangladesh and Turkey. President Mahbubul highlighted the longstanding cordial relations between the two countries and emphasized the potential for these relations to flourish further.
He suggested that by identifying potential sectors and holding business-to-business (B2B) meetings, efforts could be made to expand trade and commerce between Turkey and Bangladesh. President Mahbubul pointed out that the Bangladesh government has initiated the establishment of approximately 100 special economic zones across the country, attracting both domestic and foreign investors. He encouraged Turkish investors to take advantage of this opportunity, facilitating their access to Bangladesh’s substantial consumer market and providing avenues for exporting products manufactured in labor-friendly Bangladesh, thereby boosting foreign exchange earnings.
The FBCCI assured its willingness to provide any necessary assistance to Turkish businessmen. Additionally, it was revealed during the meeting that Turkey has trade potential in various sectors of Bangladesh, including oil refining, construction, medicine, industrial chemicals, tourism, agriculture, dairy, shipbuilding, civil aviation, and shipping.
President Mahbubul praised Bangladesh’s favorable policies for foreign investors, emphasizing that setting up industries in the country’s economic zones would facilitate exports to other nations. He also advocated for the removal of tariff barriers to strengthen the export of garment products to Turkey.
Turkish Ambassador Ramis Sen commended Bangladesh’s remarkable development progress over the past 14 years and expressed Turkey’s interest in collaborating with Bangladesh to enhance trade ties. He extended an invitation to FBCCI to send a delegation to Turkey to explore business opportunities.
The meeting was attended by FBCCI vice presidents Khairul Huda Chapal, Mohammad Anwar Sadat Sarkar, Rashedul Hossain Chowdhury Roni, Md. Munir Hossain, and FBCCI directors, among others.
