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POST TIME: 21 March, 2019 00:00 00 AM
Salman talks investment, trade with envoys
Staff Reporter, Dhaka

Salman talks investment, trade with envoys

Ambassador of Republic of Korea Hu Kang-il (left) and Consul of Singapore to Bangladesh William Chik (right) call on Salman F Rahman, private industry and investment adviser to the prime minister, separately at the latter’s Gulshan office in the capital yesterday. Independent Photos

Salman Fazlur Rahman, Private Industry and Investment Adviser to the Prime Minister, yesterday held talks with South Korean Ambassador and Singaporean Consul in Dhaka separately on various issues including trade and investment.

Hu Kang-il, Ambassador of Republic of Korea, and William Chik, Consul of Singapore to Bangladesh paid courtesy calls on Salman F Rahman at his Gulshan office, said a press release.

During the meeting, South Korean envoy highlighted the friendly and bilateral ties of his country with Bangladesh that have enjoyed warmth since the establishment of diplomatic relations.

Applauding the rapid and constructive development under Prime Minister Sheikh Hasina, the ambassador focused on infrastructural projects that South Korean companies are involved in, and other areas of mutual cooperation such as student exchange. He also sought the adviser’s guidance and advice to advance the relations towards a mutually beneficiary way.

For his part, Salman told the ambassador that the government was focusing on facilitating private trade and business so that the country’s economic growth rate can be elevated to a double digit.

Citing that Bangladesh now enjoys a surplus in terms of electricity generation during night, he urged the ambassador to invite South Korean automobile companies to explore the possibilities of setting up electric car and bike manufacturing factories in Bangladesh.

He also said Bangladesh is a large market and the government is ready to facilitate incentives for electric car manufacturers. The ambassador agreed to convey the message to the authorities concerned.

During his meeting with the adviser, William Chik cited Prime Minister Sheikh Hasina’s recent visit to Singapore. He mentioned that the fact that Singapore was now carrying out feasibility studies on constructing a bay terminal in Chattogram Port was an outcome of the visit. The multibillion dollar project is expected to double the capacity of the port.

Salman Fazlur Rahman updated the consul on the measures taken by the government to facilitate business and investment in the country.

The adviser requested him to invite Singaporean business community to visit Bangladesh and rely on its excellent investment potential.  The meeting ended with an agreement that William Chik would arrange a meeting between ASEAN ambassadors to Bangladesh and the adviser in the nearest future.