BD to be destination for Indian investors : IBCCI
Sunday, 8 May 2011
FE Report
The three-day Indo-Bangla Trade Fair 2011 came to an end Saturday amid hope to establish Bangladesh as an investment destination for the Indian investors. "The fair has opened a new horizon of exporting Bangladeshi products to India. Also the Indian investors will see us as an investment destination, and not only as a market of their products," said Abdul Matlub Ahmad, president of the Indo-Bangla Chamber of Commerce and Industry (IBCCI). He also said while visiting the fair the Indian importers shown positive response towards various Bangladeshi products to welcome to their country. He was speaking at the closing press conference at Pan Pacific Sonargaon hotel in the city. "There was an exciting range of new products, displayed by both the Indian and Bangladeshi manufacturers and exporters in the fair, including herbal insecticide," he said. "Business communities of both the countries have agreed to set up the first private special economic zone (SEZ) at Chhatak in Sunamganj through the Confederation of Indian Industry (CII) with 50 Indian companies investing there," Mr Ahmad added. He said the Indian investors are keen to utilise the power shortage of Bangladesh as an opportunity to invest in power sector here, and share excess power with the north-eastern Indian states using a common grid.
The three-day Indo-Bangla Trade Fair 2011 came to an end Saturday amid hope to establish Bangladesh as an investment destination for the Indian investors. "The fair has opened a new horizon of exporting Bangladeshi products to India. Also the Indian investors will see us as an investment destination, and not only as a market of their products," said Abdul Matlub Ahmad, president of the Indo-Bangla Chamber of Commerce and Industry (IBCCI). He also said while visiting the fair the Indian importers shown positive response towards various Bangladeshi products to welcome to their country. He was speaking at the closing press conference at Pan Pacific Sonargaon hotel in the city. "There was an exciting range of new products, displayed by both the Indian and Bangladeshi manufacturers and exporters in the fair, including herbal insecticide," he said. "Business communities of both the countries have agreed to set up the first private special economic zone (SEZ) at Chhatak in Sunamganj through the Confederation of Indian Industry (CII) with 50 Indian companies investing there," Mr Ahmad added. He said the Indian investors are keen to utilise the power shortage of Bangladesh as an opportunity to invest in power sector here, and share excess power with the north-eastern Indian states using a common grid.