Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) President Md Jashim Uddin asserted that Bangladesh is now a land of economic opportunity mentioning the reports by published by Boston Consulting Group and HSBC Global Research which claimed that Bangladesh will be a $1 trillion economy by 2040 and the world’s 9th largest market by 2030.
He also said that is the proper time to showcase the achievements and capabilities of the country to the world which Bangladesh unlocked in the last fifty years.
“In the fifty years of independence, the country has created ample investment opportunities after winning export targets as well as local consumers,” he added saying that it is high time to highlight these.
FBCCI President revealed it while speaking at a press conference on Thursday ahead of the Bangladesh Business Summit in the capital.
He also said that the country is prepared for foreign investments and companies like Walmart and Zara to expand their business here as the local consumer market in Bangladesh is growing alongside the country’s export potential.
“We have now 100 economic zones visible across the country and this capacity needs to be highlighted,” he added.
The Bangladesh Business Summit is expected to kick off on Saturday (11 March) marking the 50th founding anniversary of the FBCCI.
More than 200 delegates from 16 countries – including the public and private sectors – are going to attend the summit.
The participants will include CEOs and top level representatives of 12 world famous companies and the deputy director general of the World Trade Organization (WTO).
The three-day summit will hold 17 seminars and three plenary sessions on different sectors of Bangladesh.