200+ Foreign Delegates to Attend Bangladesh Business Summit: FBCCI
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will host the Bangladesh Business Summit 2023, and over 200 foreign delegates have confirmed their participation.
The FBCCI President, Jashim Uddin, made the announcement during a media briefing in Dhaka, where he was accompanied by senior vice presidents and vice presidents of the FBCCI.
To celebrate FBCCI’s 50th anniversary, the three-day summit will begin on March 11, with Prime Minister Sheikh Hasina inaugurating the event.
The Commerce and Foreign Affairs Ministries, along with BIDA, will co-partner the summit.
According to Jashim Uddin, ministers and state ministers from nine countries, including Saudi Arabia, India, China, the United Kingdom, Indonesia, and Bhutan, will participate.
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Additionally, more than a dozen global and regional CEOs of multinational companies have confirmed their attendance.
The summit will include panel discussions on a wide range of business and economic issues, and a separate session on Japan has been scheduled at the request of the Asian economic giant.
Richard Quest, anchor, correspondent, and CNN Business editor-at-large, will address business leaders from major international companies, and those responsible for creating a business environment in Bangladesh.
During the media briefing, the FBCCI President expressed his enthusiasm to showcase Bangladesh’s world-class products to the foreign delegates.
With a GDP growth from $90 billion in 2008 to $460 billion this year, Jashim Uddin believes that Bangladesh is an emerging economy, set to graduate from its LDC status in 2026.
He also mentioned that with a population of 170 million, of which 65% are in the working-age category, Bangladesh has the potential to become the next manufacturing and digital economy hub.
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Jashim Uddin further stated that investment opportunities worth $100 billion are in the pipeline in Bangladesh.
Additionally, with rising labor costs in China, the country’s current demographic dividend will prove vital in attracting investors.
According to the FBCCI President, Bangladesh has several large-scale ports, 100 economic zones, a transformed power and energy sector, serviced land, an improved business environment, and simplified regulations.
He believes that these factors can help develop Bangladesh into a haven for investors.
