FBCCI urged Brunei to consider BD as next investment destination; Commerce Minister called for equal rules for all country immigrant workers

FBCCI President Md. Jashim Uddin urged the visiting delegation from Brunei to consider Bangladesh as their next trade and investment destination. He came up with this call during a breakfast meeting held on Sunday morning at a city hotel.

“We have ongoing development projects to facilitate investment. Which are deep seaports, 100

Special Economic Zones, Hi-Tech parks, tourism parks, Nuclear Power plants, Metro Rail, LNG terminals and construction of roads and rail on bringing the whole country under a common network. So, our story is now very different from what it was before and Brunei can choose Bangladesh as their next destination for trade and investment” the president remarked.

“We foresee the scope of strengthening cooperation in trade and investment with a focus on development and innovation, food processing, ICT, Plastic, petrochemical, shipbuilding, tourism, infrastructure development, petroleum and energy and Knowledge transfer to facilitate the transition of the 4 IR”, FBCCI Chief added.

The Chief Guest Commerce Minister Tipu Munshi, MP urged the Brunei Finance Minister to remove the discriminatory rule for Bangladeshi immigrant workers who have to deposit $1600 while the amount is only $500 for Malaysian workers.

Highlighting some of the major benefits provided by Bangladesh’s foreign investment policies, the minister informed, besides the gigantic domestic market, investing in Bangladesh will offer additional access to the Indian and Chinese markets as these two markets allow most of the made-in-Bangladesh products duty-free.

State minister of Foreign Affairs Mr. Md. Shahriar Alam, MP urged Brunei to appoint more Bangladeshi manpower as Bangladesh has been focusing more on creating skilled manpower. Bangladesh may offer a dedicated economic zone for ASEAN countries if Brunei provides capital and marketing assistance, the State Minister added.

Minister at the Prime Minister’s Office and Minister of Finance & Economy Dr. Amin Abdullah informed, Brunei port is nearer to China, therefore using the port as a transshipment hub would save time and money of Bangladeshi businesses.

Minister of Home Affairs Ahmaddin bin Haji Abdul Rahman praised the contribution of the skilled Bangladeshi manpower in keeping Brunei economy afloat.

FBCCI director Priti Chakraborty recommended joint ventures to set up training institutes to create skilled manpower in the field of shipbuilding, health and ICT.

BGMEA President Faruque Hassan and FICCI President Naser Ezaz Bijoy also spoke at the meeting.

Among others, FBCCI Vice Presidents Md. Amin Helaly, Salahuddin Alamgir, Md. Habib Ullah Dawn were also present.

After the meeting, an MoU was signed between ZES Trading & Ghanim International Corporation to introduce Halal food from Brunei in the Bangladeshi market. Dr. Nur Rahman from Ghanim International and FBCCI director Dr. Kazi Ertaza Hassan, CIP signed the MoU on behalf of their organizations.

Later, Finance Minister of Brunei Dato Amin & Home Minister of Brunei Dato Ahmaddin inaugurated the Brunei Halal Foods Flagship Outlet Store in Gulshan-2, Dhaka.