Turkish Entrepreneurs Keen to Invest in Bangladesh

Bangladesh is a favourable destination for Turkish investors, said the members of the visiting Turkish delegation to Dhaka Chamber of Commerce and Industry on Monday, reports media.

The business environment, policy and regulatory regime and overall business environment are congenial for investment, they added.

The 14-member Turkish business delegation from Turkey-Bangladesh Business Council was led by its Chairperson Hulya Gedik met DCCI President Rizwan Rahman and the members of the board of directors.

Ambassador of Turkey in Bangladesh Mustafa Osman Turan also accompanied the delegation.

During the meeting DCCI President Rizwan Rahman said that infrastructure, construction materials, railway, renewable energy, automobile, healthcare, medical equipment, shipbuilding, agriculture, home appliance etc. are some of the potential areas for Turkish investment.

He also said that under Turkey’s “Asia Anew” initiative, Bangladesh can be a key focus of Turkey for trade and investment. He also called upon to utilize Turkey-Bangladesh Business Council to facilitate both-way trade and investment.

Chairperson of Turkey-Bangladesh Business Council Hulya Gedik said Bangladesh is not much known to Turkish entrepreneurs due to lack of communication and contact.

She also urged upon sustainability of trade relation between Bangladesh and Turkey. Moreover, she said that they have opened a “Bangladesh Business Centre” in Turkey to facilitate Turkish entrepreneurs to know more on how to start business in Bangladesh.

There are a few big Turkish companies are already in operation in Bangladesh that is a sign of Bangladesh’s competitiveness, said Ambassador of Turkey in Bangladesh Mustafa Osman Turan.

Commercial Counsellor of Turkish Embassy Kenan Kalayci said that in the last nine months the bilateral trade volume increased about 20 per cent. He expected that the total trade between Turkey and Bangladesh would reach the mark of $2 billion soon.