Bangladesh business

Turkey-Bangladesh Business Council discusses views with CCCI


An exchange of views meeting was held on Tuesday between the Turkey-Bangladesh Business Council (TBBC) and leaders of the Chattogram Chamber of Commerce and Industry (CCCI) in the Bangabandhu conference hall of the World Trade Center.

Hulya Gedi, President of TBBC, led the 13-member Turkish business delegation.

Mahbubul Alam, chaired the function while his vice-president Syed Mohammad Tanvir, vice-presidents of the Turkey-Bangladesh Business Council Polat Ercument and Ozden Hidayet Onur, honorary advisor of TBBC, leaders of CCCI, industrialists of Chattogram, among others, spoke.

CCCI President Mahbubul Alam said that although Turkey-Bangladesh bilateral trade is worth one billion dollars and there are many opportunities to increase trade and commerce in this regard.

“The government of Bangladesh offers various benefits, including tax exemptions for foreign investment. Chattogram is emerging as a great place to invest with the development of infrastructure.

“More than 92% of the export activities and 75% of the import activities of the country are carried out through the port of Chattogram,” he added.

He said the government is working tirelessly to provide one-stop service in Mirsarai economic zone.

“Various countries, including Japan and India, are building special zones for investments in this industrial zone,” he added.

He hopes Turkish entrepreneurs can seize the opportunity to meet the domestic demand of Bangladesh, a country of 160 million people, as well as export to different countries around the world by setting up an industrial factory in Bangabandhu Industrial City.

The President of the CCCI called for the launch of the Istanbul-Dhaka-Chattogram flight to increase communication in the private sector and informed that Turkey will participate in the next international trade fair in Chattogram as a partner country.

Hulya Gedi, chairwoman of the Turkey-Bangladesh Business Council, said the city of Chattogram could play an important role not only for the economy of Bangladesh, but also for countries in the Asia-Pacific region.

Referring to the historical and similar relations between Turkey and Bangladesh, he hopes that the current trade of 1.1 billion between the two countries will reach the target of 2 billion.

Hulya Gedi pointed to the immense potential of Bangladesh and said that Turkey could import products from Bangladesh that it does not produce by its own company.

He said there was great interest from Turkish investors in Bangladesh’s infrastructure, renewable energy, ICT, steel, engineering, education and other sectors.

He also emphasized the development of mutual relations between the businessmen of the two countries for the development of trade and commerce and announced the awarding of scholarships to 10 students of Chattogram at the University of Engineering from Istanbul.