The New Nation - Internet Edition

NATION BUSINESS REPORT

Non-Resident Bangladeshis (NRB), residing in the United Kingdom (UK), are keen to invest in the country's potential sectors including food processing, IT, Power and SMEs as presently a investment friendly atmosphere are prevailing here.

"If the next elected government can sustain the present business friendly atmosphere, the country will get investment not only from the NRBs also as Foreign Direct Investment (FDI)," said Shahgir Bakht Faruk, Chairman of Bangladesh-British Chamber of Commerce (BBCC) at a press conference at a city hotel on Sunday night.

Faruk is leading a 30-memebr British business delegation comprised of NRBs of UK, who have already been succeeded in their respective fields of business. The visiting delegation, arrived on Sunday will lobby with the Bangladesh government for further relaxation of foreign investment policy as they could make hassle and harassment free investment here, he said.

During their visit up to November 17, the delegation members will hold meeting with the president, the chief adviser, foreign affairs and other advisers, army chief and British High Commissioner to Bangladesh, Faruk said.

He said they would approach chambers and government officials with the proposal to provide "One-stop Facilities" to eliminate unnecessary barriers to investment in Bangladesh.

They would also like to finalize the proposed Sylhet Special Economic Zone and to make decision what kind of industries they would build there, Faruk said.

Director General of BBCC Abssar Mohammad Waess said, during their trade mission, they would also encourage the Bangladeshi businessmen to invest in the UK markets.

"We are confident that the BBCC Trade Mission 2008 will be springboard for business networking, sharing of culture and greater prospects for further investment projects between the UK and Bangladesh," he said.

Among the members of the delegation, BBCC vice chairman ATM W

Saad Ghazi, London regional president, Mohib Uddin Choudury, Scottish Regional president M A Rouf and Ranjana Chowdhury also spoke on the occasion.