Roadshow on ‘The Rise of Bengal Tiger: Potentials of Trade & Investment in Bangladesh’

Roadshow on ‘The Rise of Bengal Tiger: Potentials of Trade & Investment in Bangladesh’

Successful Portrayal Of The Growing Bangladesh And Its Opportunities By BSEC

Bangladesh Securities and Exchange Commission has actually effectively finished a series of programs in Switzerland: ‘ The Rise of Bengal Tiger: Potentials of Trade & Investment in Bangladesh’ with passionate involvement and stimulated sessions of Investors from Switzerland and NRB Communities. The group of delegates from Bangladesh checked out 2 significant cities, Zurich and Geneva, from 20 th
to 22 nd September
, to display Bangladesh advancement and promote financial investment chances.

Switzerland and Bangladesh has actually constantly remained in an extremely friendly bilateral trade relationship. The majority of the significant Swiss international business, in addition to a variety of little and medium business, are doing service in Bangladesh, making earnings and continually broadening their portfolios. The Bangladesh group thinks, the relationship will get more powerful and financial investment will increase through this roadshow in Switzerland.

After the effective conclusion of programs at Dubai, UAE and 4 significant cities in the USA, previously this year, the following location of the roadshow was at Switzerland. A delegation group of Bangladesh Securities and Exchange Commission (BSEC) reached Switzerland on September 17, led by its Chairman Professor Shibli Rubayat-Ul-Islam. The checking out dignitaries consisted of Saifuzzaman Chowdhury, MP, Honorable Minister, Ministry of Land, Government of individuals’s Republic of Bangladesh, Abdur Rouf Talukder, Senior Secretary of Finance Division, Ministry of Finance, N M Zeaul Alam PAA, Senior Secretary of the Information and Communication Technology Division, Major General Md Nazrul Islam, SPP, ndu, afwc, psc, Executive Chairman of BEPZA, Md. Alamgir Hossain, Member of National Board of Revenue, Dr. Shaikh Shamsuddin Ahmed, Commissioner, Bangladesh Securities and Exchange Commission (BSEC), Mafiz Uddin Ahmed, Additional Secretary of the Financial Institutions Division, Ministry of Finance, Dr. Md. Harun-or-Rashid Biswas, Director General of the Department of Cooperatives, a well reputed dignitary Sheikh Kabir Hossain, President of Bangladesh Insurance Association, Arif khan, President of Bangladesh Insurance Association, Former Commissioner of Bangladesh Securities and Exchange Commission (BSEC) and Capital Market Specialist, Md. Abul Hossain, Managing Director of the Investment Corporation of Bangladesh and Abu Saleh Mohammed Shahab Uddin, Deputy General Manager of Foreign Exchange Investment Department, Bangladesh Bank took part in the top, in addition to economic sector leaders and Media workers particularly senior reporters like Shyamal Dutta, Mozammel Babu and others. Senior authorities from NBR and other regulators likewise signed up with the program, while the economic sector leaders consisting of international business senior authorities, domestic magnate and market gamers took part to show private-public collaboration and success chances of purchasing a business-friendly Bangladesh.

In this historical year when we are commemorating the Golden Jubilee of Independence and the Birth Centenary of the Father of the Nation at the very same time, this program at Switzerland showed the sustainable advancement and the potential customers of Bangladesh under the sensible management of Honorable Prime Minister Sheikh Hasina. Throughout the whole roadshow, the image of Rising Bangladesh has actually been presented and the understanding on Bangladesh has actually been strengthened.

The group from Bangladesh began reached Zurich, Switzerland by 18 th
September and they were invited by a supper hosted by Switzerland-Bangladesh Chamber of Commerce and Industry (SBCCI) on 19 th September.

The centerpieces of the roadshow began at Zurich with ‘ Investor Summit: Bangladesh Capital Markets’ held at the Grand Dolder Hotel Ballroom, on the lively early morning of September20 Everything started with a fantastic efficiency of the National Anthem of Bangladesh by Bangladeshi and Swiss artists. The speakers of the top represented the Bangladesh potential customers and financial investment chances while the various nooks and corners of buying Bangladesh was talked about in the panel conversation and Question/Answer session. Ambassador of Switzerland to Bangladesh, Nathalie Chuard signed up with the top and specified, “Together we will deal with the federal government, the civil society and all stakeholders to attain a sustainable and more inclusive financial advancement which in turn will add to an enhanced social wellness for all individuals.”

The roadshow went to the 2nd city, Geneva, on September21 Following the 1st top held at Zurich, the last top of the series of roadshows, ‘Investor Summit: Bangladesh Capital Markets’, held at Hotel President Wilson at night and concentrated on showcasing Bangladesh’s Economy and Capital Markets to foreign financiers and NRBs. Favorable and potential conversations in addition to dedication and expectations overwhelmed the top.

Dr. Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization was expected to participated in the top in Geneva, however due to worldwide travel problems, he might not. He sent his concerns in a video message, in which, he stated, “You have lots of successes to be happy of, in broadening main health care, decreasing kid and maternal death, combating NTDs and psychological conditions and in increasing access to water, sanitation and health.” He likewise stated, “I am motivated by Bangladesh’s efforts to broaden vaccination not just to its people, however likewise for the Rohingya refugees.”

H.E. Mr. Mustafizur Rahman, Ambassador and Permanent Representative, Permanent Mission of individuals’s Republic of Bangladesh to the United Nations in Geneva
signed up with the top and assured, “With strong macroeconomic basic stability and a domestic market of 160 million individuals, Bangladesh today is a perfect location for working.” Swiss financiers took part in the top and revealed their fulfillment and expectations of purchasing Bangladesh.

The dignitaries and delegates took a trip from Bangladesh took their area to present a brand-new and thriving Bangladesh to Switzerland. Hon’ ble Minister, Ministry of Land, Government of individuals’s Republic of Bangladesh, Mr. Saifuzzaman Chowdhury have actually represented the federal government of Bangladesh. In his keynote speech, bring in the foreign financiers he stated, “There is wind of Change in the air of Bangladesh, you’ll see it, you’ll feel it, as soon as you’re there, as soon as you purchase there. Considering that this development is led by economic sectors, you’ll likewise enjoy it together with the economic sectors”. He stated without delay, “We do not welcome financial investment just in RMG, rather, I ‘d like to hire Swiss financiers and NRBs to buy hi-tech, in backwards linkage or in a much better market now.”

The Chairman of BSEC, Professor Shibli Rubayat-Ul-Islam mentioned the essential aspects why foreign Investors ought to purchase Bangladesh. He showed the advancements of Bangladesh and the upgradations of the capital markets and financial investment centers. He stated, “Bangladesh, a nation which was importing pre-owned clothes from other nations, is now the 2nd biggest garment exporter worldwide. This is how Bangladesh has actually altered. We do not require little things now. The 4th commercial transformation is here.” Showing the chances and potential customers of purchasing Bangladesh, he stated, “We have a skilled and informed manpower, we have an extremely business-friendly federal government, we have a beneficial environment. That’s why Bangladesh Government is here to welcome you, we wish to be with you, we desire you to come to Bangladesh with all your technical and ingenious resources and making collaboration with Bangladesh will be Win-Win scenario for both the celebrations.”

Representing Ministry of Finance, Government of individuals’s Republic of Bangladesh, Senior Secretary of Finance Division, Mr. Abdur Rouf Talukder stated, “In the history of LDCs over last forty years, no nation other than Bangladesh has actually finished from LDC satisfying all 3 requirements. And we have actually satisfied method more that it needed.” He specified, “This is the correct time to buy Bangladesh. We have more than 100 of Swiss business presently running in Bangladesh, I wish to request them to scale up their financial investment and at the very same time the brand-new financiers to purchase Bangladesh. We can grow quicker with your financial investment and we can grow together”.

Representing Private Industry in Bangladesh, the Managing Director & CEO of Walton Hi-Tech Industries Ltd., Golam Murshed stated in his speech that, “The Father of the Nation, imagined the liberty of economy, the financial emancipation. It is now simply the start. We are making the imagine Sonar Bangla come to life. That’s why I’m cordially asking for all of you, let’s grow together. Let’s alter Bangladesh. Let’s do something much better to take Bangladesh to the next level”.

The Government of Bangladesh has actually taken efforts and action strategies to help with the financiers both by making policies and establishing essential facilities in order to speed up the advancement of Bangladesh. By doing so, the federal government has actually allowed a business-friendly environment in Bangladesh. It was effectively acknowledged to the trade and company neighborhood of Switzerland that it is now a golden time to get the chances and take part and get a high return on their financial investment in this procedure of establishing Bangladesh.

Along with the Investor Summits, a variety of high level conferences were held throughout the check out. A Memorandum of Understanding was signed in between Investment Corporation of Bangladesh (ICB) and Switzerland- based international financial investment bank and monetary services firm Credit Suisse Group AG. ICB, in cooperation with Credit Suisse, is going to introduce the very first 300 million United States dollar bond in Singapore Market. Bangladesh Securities and Exchange Commission (BSEC) authorities held an official conference with the Swiss Financial Market Supervisory Authority (FINMA). Alongside, another official conference held in between Senior Secretary, Ministry of Finance, Mr. Abdur Rouf Talukder and Swiss Agency for Development and Cooperation agents at Bern.

The roadshow was gotten involved by the foreign financiers, organizations and NRBs of Switzerland. The delegation group from Bangladesh and BSEC highlighted on Investment chances, export-import benefits, ease of operating, revenue making chances and numerous other capacities for financial investment in the reconditioned capital market of Bangladesh. Financiers from Switzerland shared high hopes about the future capacities of strong bilateral trade relationships in between Switzerland and Bangladesh. Throughout the whole roadshow, the discussions, conversations and exchange of viewpoints, the delegation group from Bangladesh showcased the robust financial development and financial investment capacities of Bangladesh, particularly the tremendous chances in the reconditioned capital markets and the infrastructural advancement to help with financial investments.

The whole program was arranged by Bangladesh Securities and Exchange Commission (BSEC) with courtesy from Walton Bangladesh. Switzerland– Bangladesh Chamber of Commerce and Industry (SBCCI) has actually carefully dealt with BSEC and played an essential function to develop networks with Switzerland equivalents to make it effective. Geneva was the last checking out city in Switzerland on this roadshow, prior to Bangladesh reaches other significant monetary districts of Europe like London, Paris and Frankfurt.

Press release dispersed by Pressat on behalf of Mahbubul Alam, on Saturday 25 September,2021 For additional information subscribe and follow https://pressat.co.uk/

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