Nordic team seeks joint ventures
Tuesday, 10 May 2011
FE Report
Agriculture Minister Matia Chowdhury said Monday that the private sector investment in agro-business would create new opportunities for Bangladesh. She said the overseas investors were maximising the returns from their investment in Bangladesh. "At the same time our country was also benefiting from these investments in terms of employment generation and technology transfer," she added. She was addressing a match making programme between the Nordic Fisheries and Food Technology Delegation 2011 and Bangladeshi entrepreneurs as the chief guest. Embassy of Denmark jointly with the Norwegian embassy organised the programme at a city hotel. A thirteen-member Nordic delegation including Danish and Norwegian businessmen is in the city on a three-day visit and looking for local partners from agriculture food processing and fisheries sectors. "We allow equal participation without any limit, permit 100 per cent repatriation of the income generated from FDI and grant tax holidays," she said. She welcomed the Nordic delegation to contribute to the economic and social development of Bnagladesh by introducing Danish and Norwegian technology through public-private partnership. Managing director of Square Consumer Products and president of Bangladesh Agro Processor Association Mr Anjan Chowdhury in his welcome speech said, the agro-based sector showed a tremendous performance by achieving a 25 per cent growth in five years. He laid emphasis on Bangladeshi products' access to international market. Danish ambassador H.E Svend Olling said "It's the time for creating an international market linkage which is why this sort of delegation is planned for".
Agriculture Minister Matia Chowdhury said Monday that the private sector investment in agro-business would create new opportunities for Bangladesh. She said the overseas investors were maximising the returns from their investment in Bangladesh. "At the same time our country was also benefiting from these investments in terms of employment generation and technology transfer," she added. She was addressing a match making programme between the Nordic Fisheries and Food Technology Delegation 2011 and Bangladeshi entrepreneurs as the chief guest. Embassy of Denmark jointly with the Norwegian embassy organised the programme at a city hotel. A thirteen-member Nordic delegation including Danish and Norwegian businessmen is in the city on a three-day visit and looking for local partners from agriculture food processing and fisheries sectors. "We allow equal participation without any limit, permit 100 per cent repatriation of the income generated from FDI and grant tax holidays," she said. She welcomed the Nordic delegation to contribute to the economic and social development of Bnagladesh by introducing Danish and Norwegian technology through public-private partnership. Managing director of Square Consumer Products and president of Bangladesh Agro Processor Association Mr Anjan Chowdhury in his welcome speech said, the agro-based sector showed a tremendous performance by achieving a 25 per cent growth in five years. He laid emphasis on Bangladeshi products' access to international market. Danish ambassador H.E Svend Olling said "It's the time for creating an international market linkage which is why this sort of delegation is planned for".