Indian investors eye large-scale JVs: BIDA

Indian entrepreneurs have expressed their interest in boosting bilateral trade and commerce through large-scale joint venture investments in Bangladesh, reports BSS.
Bangladesh Investment Development Authority (BIDA) Executive Chairman Md Sirazul Islam disclosed it while speaking at a press conference at BIDA conference room in the city on Sunday, said a press release.
In his speech, Sirazul Islam said entrepreneurs from India are very interested in investing in Bangladesh and they offered to jointly invested Tk 8.0 billion (800 crore) with Bangladeshi institutions.
Recently, a conference titled "Trade and Investment Prospects between India and Bangladesh" was held in Jaipur, India. It was organised by the Confederation of Indian Industry (Cll) and India Bangladesh Chamber of Commerce and Industry (IBCCI).
The press briefing was organised to inform about the outcomes of the conference.
Sirazul Islam said the conference generated interest among the participants and at the end, nine memorandums of understandings (MoUs) and Expressions of Interests (EoIs) were signed between parties mostly for joint ventures ranging.