A delegation from Brunei visited Bangladesh on 16 October, there FBCCI President Md. Jashim Uddin urged to ease the trade and investment destination with Brunei.
Jashim Uddin said, “We have ongoing development projects to facilitate investment. Which are deep seaports, 100 Special Economic Zones, Hi-Tech parks, tourism parks, Nuclear Power plants, Metro Rail, LNG terminals and construction of roads and rail on bringing the whole country under a common network, so Brunei can choose Bangladesh as their next destination for trade and investment.”
As a Chief Guest Commerce Minister Tipu Munshi, MP urged the Brunei Finance Minister to remove the discriminatory rule for Bangladeshi immigrant workers who have to deposit $1600 while the amount is only $500 for Malaysian workers.
On the other hand, by highlighting some of the major benefits provided by Bangladesh’s foreign investment policies, the minister informed, the gigantic domestic market, investing in Bangladesh will offer additional access to the Indian and Chinese markets as these two markets allow most of the made-in-Bangladesh products duty-free.
State minister of Foreign Affairs Md. Shahriar Alam, MP talked about to appoint more Bangladeshi manpower as Bangladesh has been focusing more on creating skilled manpower.
Also, Bangladesh may offer a dedicated economic zone for ASEAN countries if Brunei provides capital and marketing assistance, the State Minister added.
Minister at the Prime Minister’s Office and Minister of Finance & Economy Dr. Amin Abdullah informed, Brunei port is nearer to China, and therefore using the port as a trans shipment hub would save time and money of Bangladeshi businesses.
Along with that, the contribution of the skilled Bangladeshi manpower in keeping Brunei economy afloat, so set up training institutes to create skilled manpower in the field of shipbuilding, health and ICT.
