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Turkey keen to invest for setting up EPZ

Tuesday, 19 May 2009


Turkey has shown keen interest to invest about US$ 2 billion for setting up an export processing zone (EPZ) in Bangladesh, reports UNB.
A three-member business delegation of Turkey-Bangladesh Chamber of Commerce and Industry (TBCCI) led by its president Fikret Cicek conveyed the Turkish interest at a meeting with Commerce Minister Faruk Khan at his office Sunday.
Welcoming the proposal, the commerce minister assured the delegation of all necessary support from Bangladesh government to implement it.
He also proposed to the delegation to think about setting up a special Turkish industrial zone outside capital Dhaka.
Terming the present government business-friendly, Faruk Khan said: "Our government is ready to provide all kinds of support for the promotion of business in the country."
He said although the whole world is struggling to cope with the ongoing economic recession, export and investment in the country have increased this year.
The delegation proposed to import pulses from Turkey, saying that they had a bountiful production of different varieties of pulses this year.
The Commerce Minister told the delegation that the government would consider the matter.