PM will inaugurate the 'Bangladesh Business Summit' today

Prime Minister Sheikh Hasina will inaugurate the 'Bangladesh Business Summit' today (March 11) with the aim of expanding business and investment in the country.

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex body of businessmen, is organizing this 3-day conference at Bangabandhu International Conference Center in the capital.

President of FBCCI. Jasim Uddin said in a press conference on Thursday (March 9), 'The Prime Minister will inaugurate the Bangladesh Business Summit on Saturday (March 11) morning.'

Ministers from seven countries including the United Kingdom (UK), the Kingdom of Saudi Arabia(KSA), China, Bhutan, the United Arab Emirates, CEOs of 12 multinational companies and more than 200 foreign investors and business leaders from 17 countries of the world are going to participate in the summit.

FBCCI called for highlighting Bangladesh's achievements in economy and export and local consumer market as well as investment potential to foreigners in 50 years of independence.

FBCCI President Md Jashim Uddin said the summit will highlight the success stories that have set the foundation for Bangladesh's sustainable growth.

Jashim Uddin said business representatives from both home and abroad are having to pay considerable sums as a registration fee to participate in the event.

"This shows that people are very interested in the business environment of Bangladesh. They want to start their business here and so, we have to take this opportunity," he added.

Jashim Uddin said, "The country did not have such a capacity of attracting investment in the past. But, such capacity has now been created. Companies like Walmart and Zara have made their presence in Kolkata. Now, the time has come to step into Bangladesh. Apart from creating high export potentials, the local consumer market has also been expanded."