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President of FBCCI Extends Invitation to Sri Lankan Businesses and Investors for Investment in Bangladesh’s Special Economic Zones

Mahbubul Alam, the President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has extended a warm invitation to Sri Lankan businessmen and investors, urging them to consider investing in the special economic zones of Bangladesh.

The FBCCI President conveyed this invitation during a courtesy meeting with Sri Lanka’s High Commissioner in Bangladesh, Dharmapala Weerakkody, held at FBCCI’s Gulshan office on Sunday, as stated in a press release.

Alam emphasized that the Bangladeshi government is actively establishing 100 special economic zones across the country. He highlighted the comprehensive facilities available in these zones, including provisions for oil, gas, electricity, one-stop services, and an e-platform.

“Attractive incentives are being offered to facilitate business and investment in Bangladesh,” Alam added.

He pointed out that Sri Lankan businessmen could benefit by establishing industries in Bangladesh either independently or through joint ventures. Alam identified garments, pharmaceuticals, eco-tourism, and hospitality as potential sectors for investment in Bangladesh.

“If Sri Lankan investors express interest in investing in Bangladesh, FBCCI is committed to providing all necessary support,” he assured.

In response, Sri Lankan High Commissioner Dharmapala Weerakkody expressed the interest of Sri Lankan business entrepreneurs in conducting business in Bangladesh. He highlighted the vast potential in various sectors and noted the significant number of tourists from Bangladesh visiting Sri Lanka annually.

Weerakkody emphasized the need to enhance bilateral trade between the two countries. The FBCCI leaders commended the role of the Sri Lankan Central Bank in overcoming economic challenges.

The meeting was attended by Srimali Jayarathna, the Commercial Counselor of the Sri Lankan High Commission, FBCCI Vice Presidents Shomi Kaiser and Rashadul Hossain Chowdhury (Ronni), Secretary General Md. Alamgir, and other officials. The FBCCI leaders expressed their appreciation for the positive economic developments in Sri Lanka.

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