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BD-Maldives direct Shipping Line for mkt diversification stressed

BD envoy to Maldives calls on FBCCI President


Published : 12 Feb 2021 11:23 PM

FBCCI President Sheikh Fazle Fahim said that there is scope of capacity building of Bangladesh’s industrial fishing by utilizing Maldives expertise (Tuna production process)as well as joint collaboration in resort and hotel supply chain. 

He further stressed establishing Direct Bangladesh-Maldives Shipping Line for market diversification of Bangladesh and the Outward Foreign Direct Investment(OFDI) opportunities may also be explored in the hospitality sector in Maldives. 

He was exchanging talks with Bangladesh High Commissioner to Maldives Rear Admiral Nazmul Hassan as the latter paid a courtesy call with Sheikh Fazle Fahim, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

The meeting was held at FBCCI Icon Tower in the capital’s Motijheel on Thursday.

High Commissioner Rear Admiral Nazmul Hassansaid as Maldives economy is heavily import oriented for most of its products and has immense opportunity of export where Bangladesh has significant number of migrant workers. 

In response, FBCCI President Sheikh Fazle Fahim said Bangladeshi vegetables, livestock, poultry, pharmaceuticals, processed food, frozen food, etc. can be exported in Maldives. 

He said a business delegation from Maldives may visit Bangladesh accompanying the President of Maldives tentatively during the 3rd week of March, 2021. 

FBCCI and Maldives National Chamber of Commerce and Industry may jointly organize a business summit during the visit, Sheikh Fazle Fahim added. 

FBCCI President Sheikh Fazle Fahim also said BVCI (Bilateral Value Chain Initiative may be explored in Blue Economy, energy and infrastructure development including renewable energy (solar, marine, tidal, etc.) are also some of the highly prospective areas for joint venture.

He said FBCCI will connect Maldives Association of Financial Institution with its counterpart in Bangladesh for potential collaboration.