Hong Kong investors keen to invest in Bangladesh

BTJ Desk Report
Hong Kong investors keen to invest in Bangladesh

Hong Kong businesspersons and investors have shown their keen interest to explore Bangladesh’s business opportunities, BSS reported.

They showed their interest at an event titled “InnoPreneur Meet Up: Belt and Road Live: Mapping Your Road for Business in Bangladesh” held in the capital.

At the joint initiative of the Hong Kong Productivity Council and the Hong Kong Small and Medium Enterprises Association, a good number of prospective investors, business persons, SMEs, startups, representatives of business bodies and government officials of Hong Kong participated in the very interactive gathering to learn about the investment opportunities of Bangladesh, said a press release today.

The Consul General of Bangladesh, Israt Ara was present as the guest speaker.

At her presentation, the Consul General highlighted the current economic and social performances as well as different aspects of trade and investment in Bangladesh, the Bangladesh government’s different incentives for foreign investors, and business opportunities for Hong Kong investors in various sectors.

Israt encouraged and invited the potential businesspersons and investors of Hong Kong to explore the business potential of Bangladesh. She also assured them of all possible cooperation from the Consulate General of Bangladesh in Hong Kong.

At the second part of the event, three reputed Hong Kong investors who already invested in Bangladesh namely Ngan Po Ling Pauline, BBS, JP, managing director of Mainland Headwear Holdings Limited, Sherman Kan, head of research and expansion, Lalamove Company and Kelly K.L. Tsim, Director of Tsim’s Company Limited discussed various aspects of business opportunities in Bangladesh as well as shared their practical experiences in doing business.

During the event, low production costs, low labour costs, and the rapid economic growth of Bangladesh were highlighted.

Dr. Bernard Chan, JP, undersecretary for commerce and economic development of the HKSAR government, and David Sit, assistant principal economist of Hong Kong Trade Development Council (HKTDC) also spoke on the occasion and appreciated the business-friendly environment of Bangladesh.


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