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FICCI's Investment Expo to kick off Nov 8

PM Sheikh Hasina is expected to inaugurate the 2-day event
Staff Correspondent
21 Oct 2023 22:47:46 | Update: 21 Oct 2023 23:57:30
FICCI's Investment Expo to kick off Nov 8

Foreign Investors' Chamber of Commerce and Industry (FICCI) will hold a two-day Investment Expo 2023 on November 8-9 at Radisson Blu Water Garden in Dhaka on the occasion of its 60th anniversary.

Bangladesh Investment Development Authority (BIDA) will be the strategic partner of the exposition.

Prime Minister Sheikh Hasina is expected to be present at the event as the chief guest.

This was disclosed at a meet-the-press held at Pan Pacific Sonargaon Hotel on Saturday.

FICCI president Naser Ezaz Bijoy said, "We aim to showcase FICCI's instrumental role in shaping the country's economy over the past six decades, in tandem with policy support to create a congenial business environment. Also, we will highlight the success stories of our member companies."

He further said, "During the inauguration, two reports titled 'Catalyzing Greater FDI for Vision 2041: Priorities for Building a Conducive Tax System in Bangladesh' and ESG publication named 'ESG Excellence: A Chronicle of FICCI Members’ will be unveiled by the prime minister.”

Elaborating on the expo, FICCI Board of Director and Event Convener Mahbub ur Rahman said, "Forty stalls set up by 200 members at the two-day investment expo will showcase the country's economic resilience, competitiveness, and sectoral investment opportunities.”

"We will host two plenary sessions, focusing on 'Green Value Chain' and 'Investment Climate: Current Landscape & Mission 2041' where Mohammad Tofazzel Hossain Miah, senior secretary, Prime Minister’s Office, and PM’s special envoy for climate change Saber Hossain Chowdhury, industry experts and practitioners will provide valuable insights on these topics," he added.

Mohsina Yasmin, acting executive chairman of BIDA said, "BIDA has been collaborating with FICCI for an extended period to promote foreign direct investment (FDI) and enhance the investment climate in the country. We are delighted to serve as the strategic partner for this momentous event during FICCI's journey."

She added: "Our government wholeheartedly welcomes foreign investments as they are a cornerstone of our economy. We believe that this event will act as a catalyst for both the existing and potential foreign investors, encouraging them to consider investing in Bangladesh in near future."

FICCI member companies will display their latest innovations, services, and products, and the expo is expected to draw various government stakeholders, policymakers, diplomats, development partners, think-tanks, business leaders, as well as the general people.

FICCI Vice President Shwapna Bhowmick, and Executive Director T I M Nurul Kabir along with other board of directors and high officials concerned were also present at the programme.

For over six decades, FICCI has played a pivotal role in Bangladesh's economic development, representing foreign investors from 35 countries across 21 sectors in Bangladesh.

Its member companies contribute around 30 per cent of internal revenue to the government exchequer and represent over 90 per cent of inward FDI in Bangladesh.

FICCI's dedication aligns with the government's vision of Smart Bangladesh and its member companies actively support the community and society at large.

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