Bangladesh Trade and Investment Summit to begin on Oct 26 -The Asian Age

To celebrate the birth centenary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and the Golden Jubilee of Independence of Bangladesh, Ministry of Commerce, GoB and Dhaka Chamber of Commerce & Industry (DCCI) is going to host a week-long International virtual Summit titled "Bangladesh Trade & Investment Summit 2021" from 26th October-01 November, 2021.

Honorable Prime Minister, Government of the People's Republic Bangladesh, H.E. Sheikh Hasina, MP will be present as the Chief Guest of the virtual inaugural ceremony of the summit.In this connection, to share the preparation and objectives of the summit, the Ministry of Commerce & DCCI jointly organized a Press Briefing on 17 October, 2021, Sunday at DCCI Auditorium, where Commerce Minister Tipu Munshi, MP was present as the Chief Guest.

DCCI President Rizwan Rahman gave a multimedia presentation on the summit and mentioned that this week-long investment summit includes 9 sectors underscoring critical enablers and avenues of the economy, demanding massive investments especially in Infrastructure (Physical, logistics & Energy), IT/ITES & FINTECH, Leather goods, Pharmaceuticals, Automotive & Light Engineering, Plastic products, Agro & Food Processing, Jute & Textiles and FMCG (Fast-moving consumer goods) & Retail Business. He also said that 552 companies form 38 countries along with Bangladesh of 5 continents will participate in 450 business to business (B2B) match-making sessions, which will help to explore new business opportunities and attract FDI in Bangladesh.

Moreover, he informed that 6 webinars on different trade and investment related issues will be organized, where representatives from the business community, experts from local & international and Policy makers will participate to put their insights on these issues. DCCI President opined that this virtual summit will showcase Bangladesh's preparedness during the COVID-19 pandemic to the investors and entrepreneurs.     
Commerce Minister Tipu Munshi, MP said that this summit is a remarkable example of the PPP model which will help Bangladesh to showcase and take necessary measures in formulating news policies for a developed economy. He added that, in recent years Bangladesh made remarkable progress especially in electricity generation and infrastructure development which is an added advantage to attract foreign trade and investment. The Commerce Minister said his ministry is relentlessly working to sign FTAs and PTAs with potential countries to tackle the challenges after the LDC graduation of Bangladesh.

He hoped that Bangladesh Trade and Investment Summit 2021 will be a great platform to connect the traders and investors from around the world. Tipu Munshi said that our export is mainly dependable on RMG and it is high time for us to work on other potential sectors to expand our export market and diversify our products as well.

Commerce Secretary, Tapan Kanti Ghosh said that this summit is a pioneer example of Public-Private Partnership where highest entrepreneurs form 38 countries of 5 continents will participate in 450 Business to Business (b2b) match-making sessions. He hoped that the export potentials of our country will be highlighted through the summit, which will help to attract more investment and foreign trade.   DCCI Senior Vice President N K A Mobin, FCS, FCA, Vice President Monowar Hossain, members of the DCCI Board of Directors and high officials from the Ministry of Commerce were present during the event.