BCI wants more Danish investment
UNB, Dhaka
Bangladesh Chamber of Industries (BCI) invited Danish entrepreneurs to come forward with more investment in the potential sectors here to avail of the attractive incentive package and export-market opportunities. BCI president AK Azad extended this invitation during a meeting with a three-member business delegation led by Jorgen K Hansen, deputy director general of Confederation of Danish Industries (DI), yesterday. Investment from Denmark totalled about $67 million in 8 projects up to June 2002. Under the Danida Private Sector Development (PSD) programme, Danish investment is increasing. During the last 4 years of operation, PSD programme has committed grants of DKK58 million to Bangladesh resulting in 22 commercial partnerships. "Interaction and close co-operation may increase this investment figure," the BCI president said. Bangladesh enjoys a trade surplus with Denmark only because of readymade garment exports. In 2001-2002, exports from Bangladesh figured about $60 million and imports from Denmark were worth $29 million.
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