Tofail invites Canadian investment in SEZs


FE Team | Published: May 23, 2018 19:58:02


Tofail invites Canadian investment in SEZs

Commerce Minister Tofail Ahmed has invited Canadian entrepreneurs to invest in special economic zones (SEZs) of Bangladesh.

The minister made the invitation during a meeting with Canadian High Commissioner in Dhaka Benoit Prefontaine during a view exchange meeting at his ministry office on Wednesday, reports BSS.

Mentioning that Bangladesh is developing 100 SEZs at the initiative of Prime Minister Sheikh Hasina, Tofail said Bangladesh's investment policy is fully business-friendly.

"Anyone can make investment here and take back the investment with profit any time," he said, adding, "Bangladesh protects the interest of investor by the law."

Terming Canada as a big market and business partner of Bangladesh, the minister laid emphasis on expanding the market for Bangladeshi products.

In last fiscal, Bangladesh exported products of $ 1079.18 million against the import of $ 598.50 million.

The Canadian High Commissioner said Bangladeshi RMG is very popular in Canada so import of the apparel item would increase in future.

Lauding Bangladesh's role in Rohingya crisis, he said Bangladesh has done a good job by giving shelter to Rohingya people, and thanked the government for this.

Benoit Prefontaine also termed Bangladesh's investment environment as excellent and hoped Canadian investors would come up with investment in Bangladesh.

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