$20.8 billion fresh foreign investment

Bangladesh, going well with the rising potential of economic growth, has created new areas in different sectors to fetch $ 20.8 billion investment for giving the country an impetus to enliven its wings of new economic opportunities. The sectors which created new opportunities to enable the country get Billon dollar investment include light engineering, automobiles, infrastructure, food processing and tourism.

A conference of 28 countries held here under the banner of Confederation of Asia Pacific Chambers and Commerce and Industries (CACCI) made the country’s businessmen optimistic to expect such huge investment soon in these fields. CACCI and Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) in a joint press conference revealed the information after conclusion of the conference at Pan Pacific Sonargaon Hotel in the capital on Thursday. Business entrepreneurs of 28 countries, including host Bangladesh, arrived at seeing possibility of such huge investment opportunities in the potential sectors.

In the press conference, FBCCI President Sheikh Fazle Fahim and CACCI President Samir Modi highlighted the achievements of the two-day 33rd CACCI conference. FBCCI president said, during the conference two agreements were signed. Among the agreements, as per the agreement with Russia, the country’s all business chambers and FBCCI members will be connected to the e-chamber global platform. This will help highlight the products produced by remote area chambers and members on the (Business to Business) B2B platform in the global market.

“Another agreement was signed with the International College of Advanced Education Australia. They will share the training module to increase the members’ potentiality”, he added. “Within the CACCI network, we have got an investment area of $ 20.8 billion. This investment will be invested in the country’s economic zones.”

The country under the shed of CACCI will be able to invest there. The new investment sectors are Infrastructure, hospitality, motorbike parts linkage and other industries”, he further added. CACCI President Samir Modi said, “Bangladesh’s economic development is very promising. The country is ready for foreign investment”. The CCCI president further said that they are interested to invest more than before in Bangladesh.