Alexa FM calls upon German investment in Bangladesh

Dhaka, Friday   13 December 2019

FM calls upon German investment in Bangladesh

 Economy Desk

 Published: 08:32 PM, 18 October 2019  

File Photo

File Photo

Foreign Minister Dr. AK Abdul Momen invited German enterprises to invest in Bangladesh for a win-win scenario on his first official visit to Germany.

Momen highlighted the current business-friendly policies and environment of Bangladesh while he was addressing the German Federal Association for Economic Development and Foreign Trade (BWA) in Berlin on Thursday, October 17, according to a message received in Dhaka on Friday.

The foreign minister called upon German companies to invest in infrastructure, renewable energy, and manufacturing sectors in Bangladesh.

Mentioning different facilities at the Special Economic Zones, set up by Bangladesh government in different areas across the country, he called upon German global car manufacturing giants like Mercedes, BMW, and Volkswagen to set up their assembly plants in the Bangabandhu Sheikh Mujib Shilpanagar in Chattogram.

Momen assured full support to the government of Bangladesh in ensuring profitable investments by German companies.

Referring to the National Skills Development Authority (NSDA), recently formed under Prime Minister Office, Momen urged Germany to assist Bangladesh in building a strong workforce of skilled young population explaining that it would create a win-win situation for Bangladesh and the potential German investors.

President of BGMEA Dr. Rubana Huq also participated at the meeting along with the foreign minister.

On the same day, Momen also addressed the Seventh International Conference on Bangladesh organized by the Bangladesh Forum in Germany where he highlighted the Bangladesh government’s endeavor in achieving its vision 2021 and vision 2041.

The foreign minister also held a meeting with Member of German Federal Parliament and Chairman of the South-Asian Parliamentary Group Tobias Pflueger.

He urged the Chairman to take appropriate measures in the parliament to ensure fair prices for Bangladeshi textile products in the German market.