Bangladesh-British Chamber of Commerce (BBCC) yesterday urged the government to establish an industrial park in Sylhet to attract more investment from the UK-based expatriate Bangladeshis.
The BBCC at a meeting with the leaders of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) also urged them to set up a platform that can work to attract more investment from the non-resident Bangladeshis (NRBs).
Speaking at the meeting, Wali Tasar Uddin, chairman of Bangladesh-British Chamber of Commerce, stressed the need for taking up an action plan for the industrial park.
"We want to bring in more trade delegations in Bangladesh by the end of this year to see the prospect of investment in the country," he said, adding that an initiative has already been taken to set up one of the Asia's best hospitals in the country.
BBCC Director General Aziz Ur Rahman said Bangladesh has been facing a number of problems in attracting investment from the expatriates living worldwide.
"But in last three years, Bangladesh recorded remarkable achievements in various sectors, including the development of communication systems," he added.
He, however, pointed out that corruption and terrorism are still hampering foreign investment in the country.
The FBCCI leaders urged the BBCC leaders to invest in some technology-based emerging sectors, including ICT and pharmaceuticals.
M A Rouf Chowdhury, director of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) said Bangladesh is now ready to see more foreign investment coming from different parts of the world.
He urged the UK based expatriate Bangladeshis to invest in some emerging areas of the country.
Speaking at the meeting held at the FBCCI auditorium, Arif Zaman, advisor to the Commonwealth Business Council in South Asia, said investment climate is changing in Bangladesh and ICT and pharmaceuticals are some of the emerging areas. Time has come to look beyond traditional curry business.
BBCC delegation members Kaysor Ahmed, Saad Ghazi, Sukur Ali and FBCCI Vice-President Dewan Sultan Ahmed, among others, also spoke at the meeting.