“Bangladesh has made a commendable progress in the economy. Health, financial sector, higher education and FINTECH are some of the potential sectors in Bangladesh to attract investments, said the British High Commissioner to Dhaka Robert Chatterton Dickson on Tuesday.
He also said that a good number of British companies are in operation here in Bangladesh and they are doing well. Regarding attracting more FDI, he suggested being more competitive and strengthen business friendly environment.
Chatterton Dickson made the remarks while exchanging views with office bearers of the Dhaka Chamber of Commerce & Industry (DCCI) at DCCI Bhaban, Matijheel in the capital.
Discussing the bilateral trade and commercial issues with President RizwanRahman, the envoy highlighted on skill development and quality education for the young generation especially as per the need of industry.
The British High Commissioner also mentioned that the UK Universities are keen to invest in Bangladesh’s higher education sector in a format of cross border higher education but to expedite it policy guidelines /regulations need to be effective. Besides, a trade-talk between Bangladesh and UK would be held from the next week to discuss bilateral trade and investment issues, informed the High Commissioner.
The DCCI President RizwanRahman said the United Kingdom (UK) is the third-largest investor in Bangladesh and also the third largest export destination of Bangladesh.
In 2019-20, Bangladesh exported goods worth US$ 3.45 billion to the UK against the import of US US$ 411 million.
RizwanRahman said that UK is the second largest export destination for locally developed software. In 2019-20, 13 percent of country’s total software exports were destined to UK which is third in terms of overall export.
He also appreciated the UK government for allowing Bangladesh to continue duty free access to the UK market even after the brexit. He also urged the UK to consider establishing a country-specific economic zone in Bangladesh.
Team Leader, Economic Growth and Private Sector Development and Senior PSD Adviser of British High Commission Mahesh Mishra, DCCI Senior Vice President N K A Mobin, FCS, FCA and Vice President MonowarHossainwere also present during the meeting.
