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Thursday, December 17, 2009
Monday, December 14, 2009
Dhaka is seeking investment from Bangkok.
The MCCI chief said Dhaka and Bangkok should cooperate with each other both bilaterally and multilaterally. Metropolitan Chamber of Commerce and Industry President Abdul Hafiz Choudhury said,Thai investments have excellent future as Bangladesh offers most attractive incentives for investing in energy sector.
"Bangladesh requires US$5 to $7.0 billion (500 to 700 crore) investments in generation and distribution of 7,000 megawatt of electricity by the end of 2011," he said to a Thai business delegation visiting Bangladesh.
Mr Hafiz said the Thai government will find attractive opportunities in the energy sector as the Bangladesh government has initiated large projects under public-private partnership (PPP).
Dhaka has established itself as the cheapest production base in South Asia and Bangkok can take the advantage of it, he said. "Thai investors can invest in labour intensive sectors including textiles, leather, paper and pulp, tourism, agro-based and agro-supporting industries," he added..
"Bangladesh requires US$5 to $7.0 billion (500 to 700 crore) investments in generation and distribution of 7,000 megawatt of electricity by the end of 2011," he said to a Thai business delegation visiting Bangladesh.
Mr Hafiz said the Thai government will find attractive opportunities in the energy sector as the Bangladesh government has initiated large projects under public-private partnership (PPP).
Dhaka has established itself as the cheapest production base in South Asia and Bangkok can take the advantage of it, he said. "Thai investors can invest in labour intensive sectors including textiles, leather, paper and pulp, tourism, agro-based and agro-supporting industries," he added..
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