Dubai / WAM
Muhammad Imran, Bangladesh Ambassador to the UAE, said, “We have witnessed a growing interest among both Emirati businesses to invest in Bangladesh while a large number of Bangladeshi entrepreneurs are also setting up companies in the UAE, therefore strengthening the two-way economic ties between the two countries.â€
“Our government has announced the establishment of 100 economic zones, where foreigners, including our Emirati brothers could invest in 100 percent foreign-owned export-orient industries and benefit from lower cost of licensing, land and production and benefit from higher margins and duty-free export quota access to a number of countries in the world.â€
He was speaking at the inaugural Bangladesh Economic Forum at Swissotel Al Ghurair, Dubai, attended by more than 200 delegates, investors, businessmen, bankers and investment advisors, organised by Pan Asian Group, a Dubai-based company. A number of UAE businesses, including Malabar Gold and Diamonds and Vahedna Group as well Aydin Group
are investing in Bangladesh economy, organisers said.