DHAKA, July 1, 2020 (BSS) – Bangladesh has sought fresh foreign
direct investment from the United Kingdom (UK) in its in green
financing businesses, clean technologies, renewable energy and
IT-enabled services.
“UK investors should specially focus on investing in green
financing businesses, clean technologies, renewable energy and
IT-enabled services in the post-pandemic trade and investment
partnership between Bangladesh and the UK”, said Bangladesh High
Commissioner to the United Kingdom Saida Muna Tasneem.
The Bangladesh envoy was addressing as the special guest at a
virtual meeting co-hosted by Bangladesh Investment Development
Authority (BIDA) and British Business Group (BBG) aiming at reviving
post-COVID British FDI to Bangladesh on Monday, said a press release
issued by Bangladesh mission in London today.
The high commissioner also recommended to BIDA for creating a
special ‘focal point’ for facilitating green financing, clean
technology, recycling and renewable energy projects – the priority
sectors in the UK’s overseas investment.
Terming the BBG, a group of British multinational investors in
Bangladesh, ‘as brand ambassador’ to promote fresh British investment
in Bangladesh, Tasneem encouraged BIDA to provide all-out support to
the BBG so they can re-invest their retained profit in Bangladesh.
She also suggested G2G (government to government) institutional
cooperation between BIDA, Department for International Trade and
Department for Business Energy and Industrial Strategy.
The Bangladesh high commissioner also underlined the need for
creating greater B2B and chamber to chamber connectivity between the
private sectors of two countries, including the creation of a
Bangladesh-UK joint chamber.
British High Commissioner to Bangladesh Robert Chatterton Dickson,
BIDA Executive Chairman Md. Sirazul Islam and BBG Chairman Md
Mahbub-ur-Rahman also addressed the meeting while several leading
British entrepreneurs participated in a lively question and answer
session.