Industry

Foreign investors urged to expand businesses in Bangladesh

Speakers at a tri-nation international seminar involving Indonesia, Malaysia and Bangladesh have urged foreign entrepreneurs to expand their businesses in Bangladesh by highlighting the investment facilities offered by the government.

 

Cityscape International Ltd, a Dhaka-based leading construction and real estate Company, organised the event at Cityscape Tower in the city on Sunday night to showcase specific private investment opportunities available in Bangladesh through technical discussions and matchmaking initiatives.

 

The seminar also highlighted the resilience and competitiveness of the Bangladesh economy as well as the business-friendly environment in the country, according to a press release made available on Monday.

 

Cityscape International Ltd (CIL) presented its accomplishments and shared conceptual highlights on Cityscape Lifestyle Project to potential investors, which aims to spread happiness and well-being and elevate the standard of living for the communities it serves.

 

During the seminar, business networking leads amongst key stakeholders from Malaysia and Indonesia have been executed and a Memorandum of Understanding for investment in the Cityscape Lifestyle project was signed, which is the latest venture of this renowned company.

 

The scopes to initiate trade and investment in various sectors were discussed amongst investors from Indonesia, Malaysia and Bangladesh.

 

Speaking at the summit, investors from the three countries also discussed the scopes to initiate trade and investment in various sectors.

 

Indonesian Ambassador in Bangladesh Heru Hartanto Subolo, Former Indonesian Minister Gita Irawan Wirjawan, Executive Chairman and CEO at Labuan IBFC, Indonesia, Iskandar Bin Mohd Nuli, Cityscape Group Managing Director Nahid Sarwar, and its directors Pavel Sarwar and Mustafa Moin Sarwar, among others, spoke at the programme.

 

Besides, investors and policymakers from various sectors of Indonesia, Malaysia and Bangladesh along with high officials from the Bangladesh Ministry of Finance, Bangladesh, Investment Development Authority (BIDA), Bangladesh Economic Zone Authority (BEZA), Federation of Bangladesh Chamber of Commerce and Industries (FBCCI) and different Banks and non-banking financial institutions were also present.

 

Source: United News of Bangladesh