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Internet Edition. November 24, 2009, Updated: Bangladesh Time 12:00 AM |
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Egyptian entrepreneurs urged to invest in Bangladesh BSS, Dhaka Industries Minister Dilip Barua on Monday urged Egyptian entrepreneurs to invest here at different potential sectors by taking advantage of various lucrative offers provided by the government to increase the country's Direct Foreign Investment (FDI). "Egyptian investors can also come forward for joint investment with the local businessmen aiming at increasing economic relations between the two countries," he said while holding a meeting with the Egyptian Ambassador to Bangladesh Fayez Noseir at his office at the ministry here. The Minister also suggested exchanging visit of business delegation to identify the potential sectors of commerce and trade cooperation between Dhaka and Cairo. During the meeting, they also discussed matters related to bilateral issues and mutual interest as well as vulnerable position of Bangladesh due to adverse affect of climate change. The Minister said, the government is considering to build coal-based power plant for quick solving the acute electricity crisis in view to build a industrialized Bangladesh. Referring that the government has put special emphasis on building skilled and trained human resources through vocational education, the minister sought support of Egyptian government in this regard. Praising the Bangladesh government role in building skilled manpower, the envoy said his government is keen to provide support to Bangladesh in this regard. He also hoped that the cooperation between Bangladesh and Egypt in industry and technical sectors would be increased under D-8 forum in the coming days.
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