Lyna Mohamad
The Bangladesh High Commission in Brunei Darussalam hosted a networking event, ‘Bangladesh: A Potential and Attractive Destination for Investment’ in conjunction with the Bangladesh Economic Diplomacy Week at The Brunei Hotel in the capital yesterday.
Bangladesh High Commissioner to Brunei Darussalam Nahida Rahman Shumona attended, joined by over 60 participants from the Prime Minister’s Office, Ministry of Finance and Economy and Centre for Strategic and Policy Studies (CSPS).
Members of the Brunei Malay Chamber of Commerce and Industry, Chinese Chamber of Commerce in Brunei, Universiti Teknologi Brunei (UTB), Universiti Brunei Darussalam (UBD), Britain Brunei Business Forum, Brunei Food Awards, Brunei Yellow Pages as well as Bangladesh companies and communities also participated.
The event aimed to promote bilateral investment between Brunei and Bangladesh, especially in agriculture, innovation work, and academia.
Bangladesh investments are expected to reach BDT20 billion by 2023. The Bangladesh Government has been making efforts especially with the Bangladesh Investment Development Authority (BIDA) to promote and develop projects on infrastructure, public and economy.
South Korea and Japan are among the two countries included in the joint economic venture, said Political Counsellor Tanmoy Majumder.
Labour Counsellor and Head of Chancery Jelal Hossain, meanwhile, highlighted that investment projects would aid and improve human resources and promote employment opportunities as Bangladesh has a resilient economy.
With current mega infrastructures, including textile, agriculture, manufacturing and light industry, telecommunications, education and medical services, it is very promising as an investment destination as it promotes sustained development, Jelal Hossain added.
