The Federation of Bangladesh Chambers of commerce and industry on Monday claimed that the three-day business summit was successful as global leaders recognised the competence of Bangladesh.
‘It is our great achievement that more than 300 foreign delegates joined the summit through registration and they accepted the strength of Bangladesh,’ FBCCI president Md Jashim Uddin said at a press conference on the concluding day of the Bangladesh Business Summit 2023 held at the Bangabandhu International Conference Centre in the city.
The FBCCI president said that the aim of the summit was showcasing the strength of Bangladesh before the world and branding the country globally.
‘Hopefully, we have gained our success and businesses from many countries will invest in Bangladesh to take advantage of its growing domestic market, strategic location and young work force,’ Jashim said.
He hoped that Saudi Arabia would make significant amount of investment in Bangladesh as a minister of the country attended the summit and signed an agreement and three memoranda of understanding with Bangladesh aiming investment in many areas, including fertiliser industry.
‘After the successful completion of the business summit, we are confident that the journey for a trillion dollar economy would also be successful,’ the chief of the country’s apex trade body said.
Jashim said that many of the western countries had been relocating their manufacturing industries from China due to the geopolitical reason and Bangladesh would be benefited from the relocation.
Prime minister Sheikh Hasina assured private sector businesses that investors in the country would get all-out support from the government and tyranny of red tape would be eliminated, Jashim added.
Prime minister Sheikh Hasina on Saturday inaugurated the Bangladesh Business Summit which featured three plenary sessions on strategic issues, 13 parallel sessions, business-to-business meets, networking sessions, an open house reception and guided tours for international delegates.
Ministers from several countries including the United Kingdom, the Kingdom of Saudi Arabia, and Bhutan, CEOs of 12 multinational companies and more than 200 foreign investors took part the summit.
This NEWS originally published in Dhaka based News Paper The New Age.