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Turkish investors keen to invest in Bangladesh’s textiles

Turkish investors are keen to establish their own economic zone in Bangladesh with huge investments in several sectors, including textiles.

Turkey’s Foreign Economic Relations Board (DEIK) President Nail Olpak made the remark at a recent webinar tiled ‘Turkey and Bangladesh: A New Era in Investment and Trade’, co-hosted by Bangladesh Investment Development Authority (BIDA) and DEIK on Thursday.

Figure: Turkey are keen to establis their own economic zone in Bangladesh with significant investments in textiles, along with agro-processing, ICT, health care and energy.

Nail said “We are proud to see many prominent Turkish companies have already been investing to Bangladesh and we hope to see more in near-future”.

Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahman, who was the Chief Guest, reportedly, underlined that Bangladesh offers highly suitable opportunities for Turkish businesses in Readymade Garments, textiles, ICT, Health, Construction and Infrastructure sectors while adding that Dhaka is delighted to be a key partner under Turkey’s ‘Asia Anew’ initiative.

The Bangladeshi Ambassador to Turkey, Mosud Mannan and the Turkish Ambassador to Bangladesh, Mustafa Osman Turan also spoke at the webinar, where over 170 private sector entities joined.

Sheikh Fazle Fahim, President of Federation of Bangladesh Chambers of Commerce and Industries (FBCCI), and Hülya Gedik, Chairperson of DEİK Bangladesh-Turkey Business Council addressed the event where Can Dincer, Chief Commercial Officer of Arcelik Global and Gökhan Tezel, Chief Executive Officer, Aygaz, shared their experience as existing investors.

Bangladesh Economic Zones Authority (BEZA) Executive Chairman Paban Chowdhury, Bangladesh Hi-Tech Park Authority Managing Director (Secretary) Hosne Ara, Public-Private Partnership Authority (PPPA) Chief Executive Officer (Secretary) Sultana Afroz and BIDA Director (Registration and Incentives – Foreign Industry) Shah Mahboob offered featured presentations at the function.


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