WBC wants to explore investment opportunities

The Wales Bangladesh Chamber of Commerce (WBCC) wants to explore the investment opportunities in Bangladesh as well as to establish a platform for boosting trade relations between Wales and Bangladesh, reports UNB.
“We want to have activities in Bangladesh and encourage Welsh entrepreneurs to invest in Bangladesh,” said WBCC chairman Dilabor Hussain at a press conference at a city hotel Sunday morning.
British deputy high commissioner in Dhaka Nick Low, WBCC secretary Mabs Noor and other members of the visiting WBCC delegation were present.
The Wales Bangladesh Chamber president said that they want Welsh Bangladeshis to invest in Bangladesh in a bid to make a platform for the two countries.
“We also want to promote Bangladeshi business come to Wales and invest,” he added.
The Wales Bangladesh Chamber of Commerce (WBCC) delegation arrived in the capital on Saturday on a week-long visit to Bangladesh.
Asked about the main challenges for investing in Bangladesh, the Wales Bangladesh Chamber secretary Mabs Noor said they do not want to look at the challenges rather at the opportunities, mentioning the growing economy of Bangladesh.
Citing Wales businesses in engineering, ICT, manufacturing and medical sector, Mabs Noor said their objective is to raise the trading opportunities as well as to do joint venture to limit risk while investing in Bangladesh.
Mentioning the volume of trade between Wales and Bangladesh as very low, the WBCC secretary said that they are here in Bangladesh for boosting the trade volume between the countries.
It may be mentioned that the United Kingdom is the largest cumulative investor in Bangladesh and the largest annual investor since 2006. In the last fiscal, UK’s exports to Bangladesh totaled 80 million pounds compared to imports of 723 million pounds.

Mabs Noor