BOI, LEIC sign deal for development of local SMEs
Tuesday, 31 July 2007
FE Report
The Board of Investment (BOI) and Local Enterprise Investment Centre (LEIC) signed a MoU Sunday.
Under the deal, LEIC and BOI will work together for the development of the local SMEs through facilitating creation of joint ventures, and offering investment and technology transfer opportunities to attract more foreign investment into the country.
BOI Executive Chairman Md Nazrul Islam and LEIC Centre Director Israt Ara Younus signed the deal on behalf of their respective organisations.
Counsellor and Head of Development Co-operation of CIDA Rajani Alexander and CEO and Managing Director of IDLC Of Bangladesh Ltd Anis A Khan were also present on the occasion.
BOI, a part of the Chief Adviser's office, works to promote and facilitate investment in the private sector both from domestic and overseas sources to contribute to the country's socio-economic development.
LEIC is funded by Canadian government through Canadian International Development Centre (CIDA), and managed by IDLC of Bangladesh Ltd. LEIC is working for the development of the SMEs of the country by creating joint ventures or other forms of long-term partnerships with foreign or large local companies, allowing them to have access to capital, technology, innovative products and improved processes.
The Board of Investment (BOI) and Local Enterprise Investment Centre (LEIC) signed a MoU Sunday.
Under the deal, LEIC and BOI will work together for the development of the local SMEs through facilitating creation of joint ventures, and offering investment and technology transfer opportunities to attract more foreign investment into the country.
BOI Executive Chairman Md Nazrul Islam and LEIC Centre Director Israt Ara Younus signed the deal on behalf of their respective organisations.
Counsellor and Head of Development Co-operation of CIDA Rajani Alexander and CEO and Managing Director of IDLC Of Bangladesh Ltd Anis A Khan were also present on the occasion.
BOI, a part of the Chief Adviser's office, works to promote and facilitate investment in the private sector both from domestic and overseas sources to contribute to the country's socio-economic development.
LEIC is funded by Canadian government through Canadian International Development Centre (CIDA), and managed by IDLC of Bangladesh Ltd. LEIC is working for the development of the SMEs of the country by creating joint ventures or other forms of long-term partnerships with foreign or large local companies, allowing them to have access to capital, technology, innovative products and improved processes.