Turkish corporations can consider Bangladesh’s hundred economic zones and 28 high-tech parks as their preferred investment destinations, Dhaka Chamber of Commerce and Industry Chairman Rizwan Rahman said today.
The bilateral industry between the two countries now stands at about $900 million, which is entirely satisfactory, he said.
Trade diversification can bring the amount of bilateral industry to more than $2 billion, Rahman said.
He called for an assembly with Turkish Trade Minister Mehmut Mus at the latter’s ministry in Ankara, Turkey, on October 2.
Progress on public-private and business-to-business partnerships between the two remains weak, the DCCI president said.
He also called on the Turkish minister to extend the existing tariff and quota-free tariff line to Bangladesh, which now accounts for 79. 9% of the industry’s growth.
In addition, joint meetings of the Economic Commission deserve to be held to organize effective joint exhibitions and seminars on bilateral economic problems and deal with industry problems, Rahman said.
In addition, Bangladesh and Turkey can work and advocate in combination to form an effective D-8 economic bloc, he said.
The Turkish minister claimed that the bilateral industry is not up to par.
He also called Bangladesh an investment destination.
The two countries are working together to build this volume of the industry, Mus said.
Some Turkish corporations are already doing it in Bangladesh and are doing very well, he said.
“And this good fortune will be an example for others to invest in Bangladesh. “
Bangladesh’s ambassador to Ankara, Mosud Mannan, will also toast at the meeting.