The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) recently urged South Korean investors to invest in the country’s infrastructure and man-made fibre (MMF) sectors. FBCCI President Mohammad Jashim Uddin said this during a meeting with South Korean ambassador to Bangladesh Lee Jang-Keun. This year marks the golden jubilee of diplomatic ties between both.
“Bangladesh is enjoying a golden time for investment due to its huge domestic market, growing exports, easy availability of power and infrastructure, government policy support and a large working population. The investors would be more benefited who will take those advantages to invest in Bangladesh,” Jashim Uddin was quoted as saying.
The FBCCI Chief said the federation will discuss with the Bangladesh Investment Development Authority (BIDA) the issue of organising roadshows or investment summits in South Korea to highlight investment opportunities in the country.
The bilateral trade volume was $2.014 bn between January and November 2021 compared to $1.303 bn in 2020, read the report. Both sides decided to hold a business dialogue this year between the Korea-Bangladesh Chamber of Commerce and Industry (KBCCI) and FBCCI.
