Bangladesh is soon to receive investments from African entrepreneurs and businesses, including in the RMG industry. A delegation of nine members will meet the Bangladesh Securities and Exchange Commission (BSEC) and Bangladesh Investment Development Authority (BIDA) during their visit to Bangladesh from 11th-16th March, alongside meeting concerned industry officials. Out of the nine entrepreneurs involved, six are women and three are men.
BSEC, the capital market regulator in the country, has taken a strategic leap towards fostering international investment by hosting a significant roadshow in South Africa to unlock new opportunities for Bangladesh and strengthen its economic ties with Africa’s leading economies. The BSEC has taken this initiative with a keen eye on expanding the country’s growing capital market horizon.
In August last year, a conference titled The Rise of Bengal Tiger: Bangladesh Trade & Business Summit was held in Johannesburg, South Africa. Businessmen participated in discussions titled New Business Avenues and Opportunities Between South Africa and Bangladesh. According to BSEC sources, nine individuals, institutions, and organisations expressed interest in investing in eleven sectors of the country, including RMG and textiles.
