Saturday 27 February 2021 ,
Latest News
18 February, 2021 04:37:53 PM

Print

10-15 UK companies to set up business here in 3-4yrs: Dickson

BSS, Dhaka
10-15 UK companies to set up business here in 3-4yrs: Dickson

British High Commissioner to Bangladesh Robert Chatterton Dickson Wednesday said at least 10 to 15 UK companies will set up their businesses here in the next three to four years considering Bangladesh as a fantastic place for investment.

“During the COVID-19 pandemic the country managed to maintain positive growth and I believe that the country’s economy will continue to grow after the pandemic is over,” he said.

The high commissioner was briefing a group of journalists at his residence in the capital on the outcome of the first UK-Bangladesh trade and investment dialogue on Tuesday at the commerce ministry, where Dickson led the UK side and Commerce Secretary Md Jafar Uddin led the Bangladesh side.

Dickson said the British companies have shown interest to invest in financial, IT and healthcare sectors of the country considering Bangladesh’s continuous economic growth, availability of human resources and entrepreneurial spirit of the youths.

Besides, he said at least nine British universities are in the race to set up campuses here to bring world class education for the Bangladeshi youths.

“They will offer world class education to Bangladeshi youths which will give them (youths) the opportunity to acquire globally competitive skills,” he noted.

Mentioning that Bangladeshi made goods will continue to enjoy GSP facility in the British market as like the EU countries, he said, adding this duty free access facility will be offered till 2027 while Bangladesh is expected to graduate from the Least Developed County (LDC) status in 2024.

The envoy said, however, Bangladesh’s 168th position at the Ease of Doing Business index is a challenge to get more Foreign Direct Investment (FDI).

The envoy observed that Bangladesh and the UK can develop a long-term and stronger trade relationship if the challenges are addressed.

Expecting that Bangladesh market will be more open to the best of British investment and expertise, he said the UK and Bangladesh have strong political commitment to further advance the trade relations.

The two countries will hold meeting of working group level and assess the progress at the end of the year, he said.

BK

.

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 47.3%
No 48.7%
No Comment 4.1%
Video
More Business Stories

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting