AdminDhaka, December 06, 2024: The
Foreign Investors' Chamber of Commerce & Industry (FICCI) will collaborate
with the government to attract international investors and expand business
opportunities in the country. FICCI President Zaved Akhtar stated this in the
61st Annual General Meeting (AGM) of the chamber, took place on Thursday,
December 5, 2024, at Le Méridien Dhaka.
In his opening remarks, FICCI
President highlighted FICCI's achievements over the past year, underscoring the
Chamber's dedication to creating a favorable investment climate in Bangladesh.
He acknowledged the significant contributions of member companies and stressed
the importance of joint efforts in driving economic growth and sustainable
development.
“I am honored and delighted to presided
over the 61st AGM of the chamber. As we embark on this exciting journey
together, I want to express my deepest gratitude to all our members for their
unwavering support and dedication. Their active participation, innovative
ideas, and commitment to fostering a better business environment have been the
driving force behind FICCI's continued success,” said FICCI President.
He added, “with our collective
vision, expertise, and determination, I am confident we will continue to build
a prosperous and resilient Bangladesh—one that is not only a global hub for
investment but also a beacon of innovation, inclusivity, and sustainability,
serving as a harbinger of change.”
He mentioned, “We regularly
maintain our connection with the government and other stakeholders. While
advocating with the current government we focus on four key areas of concern
for foreign investors: law and order, energy security, a level playing field,
and predictable policies. Effective law and order are crucial for smooth
business operations and maintaining a positive international image.
Additionally, reliable, affordable, and sustainable energy is essential for
both medium-term and long-term development. Multinational companies require a
level playing field to comply with local laws and regulations while paying taxes
commensurate with their market share. Finally, consistent, long-term policies
are necessary to build investor confidence and enable predictable investment
futures in Bangladesh.”
In his closing remarks, FICCI
Vice President Yasir Azman extended his heartfelt gratitude to the members for
their unwavering support and dedication. He underscored the Chamber's steadfast
commitment to advocating for the interests of foreign investors, while working
closely with the government to position itself as a key ambassador for
Bangladesh in the global investment arena.
The 61st AGM concluded with a
renewed sense of optimism and determination to strengthen the partnership
between the government and foreign investors, further contributing to
Bangladesh's economic growth and development. The event was attended by FICCI
Executive Director T.I.M. Nurul Kabir, along with the Board of Directors, CEOs,
and other officials of member companies.
About FICCI
Foreign Investors’ Chamber of Commerce & Industry
(FICCI) the apex chamber of multinational companies has been working as the
development frontier of Bangladesh by creating significant footprints in
economic growth since its journey started in 1963. As a leading chamber, FICCI
represents Foreign Investors from Thirty-five (35) countries across the globe
in Twenty-one (21) sectors in Bangladesh. In its six decades of excellent
journey, around 210 member companies of this chamber are contributing around
30% internal revenue of the government and representing more than 90% inward
FDI in Bangladesh.
For further information
T.I.M
Nurul Kabir
Executive
Director, FICCI
Email: info@ficci.org.bd,
Subarna
Mostafa
Specialist, Communication, PR & Stakeholder Management, FICCI
Email: subarna.mostafa@ficci.org.bd
Media Coverage of FICCI's 61st AGM
