December 8, 2022

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FICCI pledges to work with govt to overcome the economic challenges



Dhaka, December 11, 2022:The Foreign Investors’ Chamber of Commerce & Industry (FICCI) will work cooperatively with the government to succeed in overcoming the ongoing financial crisis. The chamber President Naser Ezaz Bijoy stated this at the 59th Annual General Meeting (AGM), held on Thursday, 08 December 2022 at The Westin Dhaka.

In his speech FICCI President Naser Ezaz Bijoy said, “I am honored and delighted to be present at the 59th AGM of the chamber. As we all know in the last 59 glorious years journey, FICCI member companies are contributing more than 30% internal revenue of the government and representing more than 90% inward FDI in Bangladesh. With this huge contribution we became the change maker of the economy and development partner of the country.”

He said, “With the representation of more than 200 member companies including our Board of Directors and committee members, we have attained some achievement even in this adverse economic climate by continuous advocacy with the government, policy makers, regulators and different stakeholders to promote and protect our members business interest.”

“The current economic situation has created some uncertainties, with liquidity challenges, foreign exchange risks and inflationary pressures in the short term. But we believe, the measures have been taken by the government will allow Bangladesh to remain on right track towards a sustainable and steady economy amid deteriorating global conditions. We believe that the near-term challenges should not define the potential opportunities that Bangladesh offers in the long term. As always, FICCI will be working to support the government to stand well positioned by tackling the economic crisis,” he added.

Indicating chamber’s future endeavor he said, “We have set a goal prioritized 4 broad themes of activities to achieve key objectives of FICCI such as supporting members by ease of doing business, policy advocacy, promoting FICCI and attracting FDI in Bangladesh. In this regard we are all set to organize some flagship events on next year.”

FICCI Vice President Shwapna Bhowmick, Executive Director T.I.M. Nurul Kabir including Board of Directors, FICCI members and representatives were present at the AGM.

 

About FICCI

The Foreign Investors’ Chamber of Commerce & Industry (FICCI) is the apex chamber of multinational companies and foreign investors from thirty-five (35) nations across the globe in more than Twenty-one (21) sectors in Bangladesh. As a key economic partner of Bangladesh, FICCI has been working closely with the Government, through streamlining and enabling cross-border trade and investment, disseminating useful research-driven market intelligence and through supporting regulation that benefits its membership.

For any clarifications with regard to the above, kindly get in touch with:

 

T.I.M Nurul Kabir

Executive Director

Foreign Investors’ Chamber of Commerce and Industry (FICCI)

Phone: 88-02-9893049, 9892913, Fax: 88-02-9893058

E-mail:info@ficci.org.bd, Website:www.ficci.org.bd

 

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