Clicky
Business

Dhaka, Ankara to boost bilateral co-op, explore new investment opportunities

Turkish delegation calls on BIDA executive chairman


Published : 15 Oct 2024 09:05 PM

A delegation of Turkey, now visiting Bangladesh, on Tuesday held a meeting with Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashiq Mahmud at BIDA headquarters, Agargaon in the capital.

They discussed on enhancing bilateral cooperation and exploring new investment opportunities between the 

two countries..

Chaired by BIDA Executive Chairman, the meeting was also attended by high officials from Bangladesh Economic Zone's Authority (BEZA).

The meeting was held as part of the Turkish delegation’s visit to Bangladesh from October 14-16, focused on enhancing bilateral cooperation and exploring new investment opportunities.

Key discussions centered around signing a Memorandum of Understanding (MoU) between BIDA and Turkey’s Investment Office. 

This MoU aims to foster collaboration, with both parties expressing interest in sector-specific investments, reflecting Bangladesh's expanding potential across various industries. The meeting also highlighted Turkish Foreign Direct Investment (FDI) in Bangladesh and its promising future.

The Turkish delegation invited BIDA officials for a follow-up visit to Ankara, emphasizing the need for detailed sectoral surveys to better understand areas of mutual interest. Bangladesh’s diverse product range and the incentives offered to foreign investors were key points of discussion.

Turkey was acknowledged as a trusted partner of Bangladesh, with both sides exchanging ideas on how to strengthen their investment relationship.