Singapore, citing Bangladesh’s remarkable socio-economic progress and status as an export powerhouse, has expressed interest in investing in the tourism, jute, agriculture, and vegetable industries.
The Republic of Singapore’s non-resident High Commissioner, Derek Loh, met with Azizul Islam, an executive member of the Bangladesh Investment Development Authority (BIDA), on Thursday at the BIDA office in Dhaka. Loh conveyed his nation’s desire to invest in Bangladesh.
The high-ranking team also looked into possible investment prospects in Bangladesh’s jute, tourism, and other associated industries.
Azizul Islam highlighted Bangladesh’s investment-friendly climate during the meeting, pointing out its potential in a number of industries and its safety.
Besides, Derek Loh reinforced the strong bond between Singapore and Bangladesh, noting the significant Bangladeshi workforce in Singapore.
Representatives from different sectors, including BEZA, Bangladesh Parjatan Corporation, Tourism Board, BJMC, Akij Group and Bay Group were also present at the programme fostering potential collaborations and investments between the two countries.
