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Saturday, October 12, 2024

HONG KONG BUSINESSES EAGER TO INVEST IN BANGLADESH

Photo: Collected

A 24-member business delegation from Hong Kong, the highly prosperous special administrative region of China, has visited Bangladesh in quest of knowing investment opportunities as part of efforts under China’s Belt and Road Initiative.

The delegation from the Chinese Manufacturers’ Association (CMA) of Hong Kong tripped to Bangladesh at the invitation of Bangladesh Investment Development Authority (BIDA) from May 23 to 25.

The seminar and business matchmaking session organized by BIDA between Bangladeshi companies and the delegation held at the Inter Continental Dhaka hotel on May 25 with a view to fostering strong economic attachments between Hong Kong and Bangladesh.

Addressing the event BIDA Executive Chairman K M Aminul Islam said, “Given the strength of Hong Kong and the potential of Bangladesh, there are many opportunities that might open up from this trip.”

Attending the program Dennis WP Ng, president of the CMA of Hong Kong said, “Bangladesh has great opportunities in its domestic market, which will fully boom within a few years beyond manufacturing and export.”

“During the visit at Chinese-owned Unimas Sportswear factory in Gazipur, we realized that Bangladesh has talented workers who are really focused on their duties. There are Hong Kong journalists travelling with us because we want them to tell the story of Bangladesh,” added Dennis.

Besides, Tommy Lee, the China Economic and Industrial Zone Project chief operating officer in Anowara, Chattogram, gave a presentation on business opportunities for Chinese investors in Bangladesh.

The delegation, on the occasion, met Foreign Minister AK Abdul Momen and interacted with representatives from Bangladesh Economic Zones Authority, Bangladesh Export Processing Zones Authority and Bangladesh Hi-Tech Park Authority.

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