May 27, 2024

BSS, DHAKA: Businesses and entrepreneurs of
the United Arab Emirates (UAE) are interested to invest in
Bangladesh and thus hiring skilled manpower from the country.

Mahbubul Alam, the president of the Federation of Bangladesh
Chambers of Commerce and Industry (FBCCI), assured all kinds
of support to the investors of UAE in this regard.

Mahbubul Alam, president of the FBCCI, and Mohammad Ali Rashed
Lootah, president and CEO of the Dubai Chamber of Commerce,
discussed the issues during a meeting held recently in Dubai,
UAE, said a press release on Saturday.

The discussions revolved around enhancing economic
collaboration between Bangladesh and the UAE.

Highlighting the longstanding friendly relations between the
two nations, the FBCCI President said that the United Arab
Emirates is one of the genuine friends of Bangladesh.

“UAE has always stood by Bangladesh as one of the partners in
the country’s economic development. Hundreds of thousands of
our remittance warrior brothers and sisters are working
tirelessly to strengthen the country’s economy by sending
remittances from the UAE,” he added.

Mahbubul reassured the UAE businessmen of FBCCI’s commitment
to providing full support for investments and skilled manpower

He emphasized on the numerous measures taken by the
Bangladeshi government to attract foreign investments,
showcasing the potential sectors available for the UAE

The chief of the country’s apex trade body highlighted the
establishment of 100 Special Economic Zones (EPZ) and the
completion of major infrastructure projects like the Matarbari
deep-sea port, Bangabandhu Sheikh Mujibur Rahman Karnaphuli
Tunnel, Padma Bridge, and Rooppur Nuclear Power Plant which
showcases the commitment of the government to ensure a safe
and smooth business environment.

Encouraging UAE businessmen to explore investment
opportunities, the FBCCI President pointed to the success
stories of countries like Japan, India, and Korea, who have
already invested in EPZs.

He specifically drew attention to the vast investment
potential in Chattogram, Payra, and Matarbari deep-sea ports.

The FBCCI president also urged the UAE companies to consider
Bangladesh’s globally recognized sectors, such as garment,
ceramics, leather goods, and jute and jute goods, emphasizing
the benefits of investment in these areas.

In response, Dubai Chamber President Mohammad Ali Rashed
Lootah expressed the keen interest of UAE businessmen in
Bangladesh. He also mentioned that a team has already been
formed by the Dubai Chamber to verify the investment potential
in Bangladesh.

Rashed also expressed their interest in hiring skilled
manpower from Bangladesh. Meanwhile, the President of Dubai
Chamber called upon Bangladeshi businessmen to invest in

FBCCI director Mohammad Fayazur Rahman Bhuiyan, Fakhorus
Salehin Nahian, deputy head of mission of Abu Dhabi Embassy
Muhammed Mizanur Rahman, commercial counselor of Bangladesh
Consulate in Dubai Ashish Kumar Sarkar, and others were
present at the meeting.

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