Government Policy

Thailand keen to invest in Bangladesh

Thailand entrepreneurs today expressed their interest to invest in the potential sectors of Bangladesh as its government has a political will to ensure trade and investment-friendly environment in the country.

They came up with the interest when a 14-member Thai business delegation, led by Deputy Executive Director of the International Institute for Trade and Development (ITD) of Thailand Manu Sithiprasasana, today met the board of directors of Federation of Chambers of Commerce and Industry (FBCCI) at its conference room in the city here.

FBCCI President M Shafiul Islam (Mohiuddin) presided over the discussion while high government officials of different ministries and the FBCCI directors were present, said a press release.

During the meeting, they discussed various bilateral issues, including trade and business expansion.

Mohiuddin said FBCCI is working with the government to ensure business-friendly environment in the country.

The bilateral trade with Thailand could not yet reach to a satisfactory level. Thailand can invest in potential sectors of this country by taking the lucrative offers, like tax holiday, duty free benefits for export and corporate tax exemption, he added.

He mentioned that the Thai Investors can avail the opportunity of investing in the 100 Special Economic Zones across the country.

Bangladesh is an attractive destination for the Thai investors, Manu Sithiprasasana said, adding that Thai government has also emphasized to take the bilateral trade relations into a new height.

Source: Bangladesh Sangbad Sangstha (BSS)