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The Financial Express

UAE finds Bangladesh food processing industry promising for investment


UAE finds Bangladesh food processing industry promising for investment

UAE Ambassador in Bangladesh Abdulla Ali AlHmoudi on Wednesday said the food processing industry in Bangladesh looks promising for possible investment by his country’s businesspeople. 

The ambassador made the remark during a courtesy call on the FBCCI President Md. Jashim Uddin at FBCCI office, reports UNB.

The envoy said that different countries showcase their goods at the pavilions in the Global Village of Dubai. 

The ambassador urged Bangladesh to take advantage of this. Bangladesh Pavilion in the Global Village would make it easier for tourists from different countries, including Dubai, to get information about Bangladeshi products. 

Lauding the dedication of the Bangladeshi people, the ambassador said that the number of Bangladeshi white-colour professionals like  engineers, doctors and nurses is increasing in the UAE.

During the meeting, the FBCCI president said that Bangladesh has now become an attractive investment destination for global entrepreneurs as the country offers skilled workers, a huge domestic market of 170 million people, ready infrastructure in economic zones and duty-free market access for exports to various countries. 

He called upon the UAE investors to take advantage of this opportunity. 

There are opportunities to enhance bilateral investment relations with the UAE in various sectors, including food processing, halal food and skills development, he added.

The meeting also discussed the UAE and Bangladesh Business Council to be inaugurated this month.

FBCCI Vice President MA Momen, Md. Amin Helaly, Salauddin Alamgir, Habib Ullah Dawn, Director Md. Amjad Hossain and Secretary General Mohammad Mahfuzul Hoque were also present at the meeting.

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