A 15-member Thai delegation, led by Vittaya Praisuwan, executive adviser of Thai Investment Board,

met Industries Adviser Geeteara Safiya Choudhury at her office yesterday and expressed such interest, according to an official handout.

The adviser told them that there is ample scope for their investment in textile, ready made garments (RMG), sugar, food processing, tourism, automobile industries and many other sectors in Bangladesh.

She also thanked the delegation for Thailand's continuous cooperation in economic, commerce and many other sectors, hoping that the cooperation would be augmented in the coming days.

Chairman of the Thai-Bangladesh Business Council Mingpant Chayavichitsilp and Thai Ambassador in Dhaka Suphat Chitranukroh were also present during the meeting.

The Thai business team also had a meeting with the members of Dhaka Chamber of Commerce and Industry (DCCI) at the DCCI office on Monday, according to a press release. Dr Nitipoom Navaratna, a member of Thai Legislative Assembly, headed the visiting team. DCCI President Hossain Khaled chaired the meeting.

The DCCI chief said Bangladesh has liberalised its macro-economic policies and opened almost all sectors of the economy, including energy, power, telecommunications and infrastructure to foreign direct investment (FDI). As a result, it is now one of the attractive destinations for FDI, he added.

He proposed for commissioning a Joint Study for identifying common interests and comparative advantages to prioritise activity plan with an objective to raise at least 10 percent increase in trade and business between Bangladesh and Thailand by the year 2008.

The Thai delegation leader told the meeting that the investors of their country are interested to relocate their industrial plants in Bangladesh.

Among others, DCCI former president M A Momen, directors K M H Shahidul Haque and M Salem Solaiman along with other business leaders took part in the discussion.