Turkey has expressed its interest to make significant investments in Bangladesh and establish its own designated economic zone.
Nail Olpak, president of the foreign economic relations board of Turkey (DEIK) made these remarks at a virtual webinar on Thursday titled "Turkey and Bangladesh: A New Era in Investment and Trade" jointly organised by DEIK and Bangladesh Investment Development Authority (Bida).
Speaking at the webinar, Bida Executive Chairman Sirazul Islam said, "The purchase capacity of Bangladeshi people is slowly on the rise; it is projected that the country will graduate to a middle-income country status by 2030 and a developed one by 2041."
"With a domestic market with one of the world's largest population bases, Bangladesh has now become a lucrative destination for foreign investors. Also, by investing here, investors can also export their cent percent produced goods," he added.
"We are now moving forward to provide international-standard investment facilities for investors. We are now offering 41 services through our One-Stop-Service, enabling investors to avail of a range of investment solutions under a single umbrella," Sirazul Islam continued.
Addressing the event as the chief guest, Salman F Rahman, prime minister's adviser for private industry and investment, said, "Bangladesh is now among the top 20 countries that have seen the highest economic growth. We have undertaken massive programmes to transform Bangladesh into an investment-friendly country, including the construction of deep-sea port, 100 economic zones, which are currently under construction, and many others."
Nail Olpak said, "In recent years, Bangladesh has been exceeding expectations in most economic aspects, making Turkish investors keen to invest in the country."
"Turkish investors are keen to invest in Bangladesh's energy, healthcare, tourism, ICT, textile, and agro-processing sectors," he added.
Sheikh Fazle Fahim, president of the Federation of Bangladesh Chambers of Commerce and Industries; Masud Mannan, Bangladeshi ambassador to Turkey; and Mustafa Osman Turan, Turkish Ambassador to Bangladesh; joined the event, among others.