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Hong Kong trade delegation visits BEPZA

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A delegation from Hong Kong Economic and Trade Office in Bangkok led by its Director Sheung-yuen Lee visited BEPZA Executive Office, Dhaka on Tuesday.

Ali Reza Mazid, Member (Investment Promotion) of BEPZA said Bangladesh is an emerging economy with huge opportunity to boost investment.

โ€œBEPZA has been serving for over 40 years to facilitate investors in the EPZs. Investors from 38 countries including Hong Kong and China have already invested here,โ€ he said.

He requested the delegation to work together for more Hong Kong investment in the EPZs.

In response, Sheung-yuen Lee said Bangladesh is the first South Asian country with an office from Hong Kong working to develop bilateral relationships.

Terming Bangladesh as one of the upcoming major economic players, he stressed on signing agreements like the Investment Promotion and Protection Agreement (IPPA) between Bangladesh and Hong Kong.

He said Hong Kong has IPPA with over 30 countries to boost economic and investment relationships.

Lee hoped such an agreement would be very effective for Bangladesh and Hong Kong to get closer through economic and investment ties.

Earlier, Executive Director (IP) Tanvir Hossain briefed the delegation about the overall activities, operating procedures, facilities, incentives etc. provided by BEPZA to the EPZsโ€™ investors.

Source: United News of Bangladesh