Salman urges UK businessmen to invest in Bangladesh

Prime Minister's Private Sector Industry and Investment Adviser Salman F Rahman has urged the businessmen of the United Kingdom (UK) to invest more in Bangladesh’s environment-friendly sectors, including the recycling industry.

“UK entrepreneurs can benefit from the favourable environment that Bangladesh has created for investment,” he said while speaking as the chief guest at a high-level round table meeting on “Trade, Growth and Partnership,” read a press release on Saturday.  

At the event, organised by Bangladesh High Commission, London on Wednesday, Salman said Bangladesh needs a large investment in the recycling industry, especially for recycling in the garment sector.

Referring to environment, social and governance (ESG) issues, which are currently widely discussed across the world, he said there is a large scope for long-term investment in ESG risk management and opportunities in Bangladesh.

Salman F Rahman said the government has already made repatriation of profits much easier for foreign investors and now there are no barriers to repatriation of profits for listed companies.

Bangladesh High Commissioner to the UK Saida Muna Tasneem highlighted the profitable investment opportunities for UK entrepreneurs in various sectors, including Bangladesh environment-friendly business and trade.

She said the Bangladesh High Commission, London is always ready to provide necessary information, advice and other support in this regard.

UK Minister of State in the Foreign, Commonwealth and Development Office (FCDO) Anne-Marie Trevelyan, and Director of India and Indo Pacific Ocean Directorate (FCDO) Ben Mellor highlighted the importance of increasing and diversifying bilateral investment and trade between Bangladesh and the UK.