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Bangladesh urges Indian investors for buy-back projects
17 Oct '18
1 min read
Bangladesh high commissioner to India Syed Muazzem Ali recently urged Indian companies to boost their investment his country to reap the benefits of the business-friendly environment there. Speaking at the Pondicherry Global Economic Summit and the Fifth World Tamils Economic Conference Pondicherry, he suggested establishment of a series of buy-back projects.
Ali urged Indian investors to take advantage of Bangladesh's competent labour costs and closer proximity to markets in India’s north-east.
The projects would involve Indian investors setting up industries in Bangladesh and re-exporting to India and some other neighbouring countries, a Bangla news agency quoted the envoy as saying.
Joint projects may also be taken up, he said. (DS)
Ali urged Indian investors to take advantage of Bangladesh's competent labour costs and closer proximity to markets in India’s north-east.
The projects would involve Indian investors setting up industries in Bangladesh and re-exporting to India and some other neighbouring countries, a Bangla news agency quoted the envoy as saying.
Joint projects may also be taken up, he said. (DS)
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