Bangladesh: Kyrgyzstan invites Bangladesh garment entrepreneurs to invest


Kyrgyzstan wants Bangladeshi apparel manufacturers to set up readymade garment factories there and has even invited businessmen for joint investment in developing the sector.Temirbek Erkinov, Kyrgyzstan’s Honorary Consul appointed in Dhaka, placed the proposal during his meeting with Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Siddiqur Rahman at the latter’s Dhaka office on January 9, 2018.

Apart from discussing bilateral trade, Erkinov called upon Bangladeshi businessmen to invest in the readymade garment infrastructure of his country, and any other opportunistic sector.He assured Bangladeshi businessmen that Kyrgyzstan would provide all the needed assistance, be it in terms of providing land, gas, electricity and other infrastructural support if Bangladeshi apparel makers invest in the country.

 At the meeting, Erkinov also underlined that Kyrgyzstan would be ready to offer loans to businessmen willing to invest in joint investment there.Kyrgyzstan would soon outline possible areas of joint cooperation and invite a business delegation from Bangladesh, which, according to insiders, is likely by April this year.

Further, the BGMEA President discussed in broad details about the developing garment industry of Bangladesh and urged Kyrgyzstan to import more of ‘Bangladesh-made’ apparel products.It is to be noted that Kyrgyzstan is an importer of Bangladesh’s knitwear, woven garments and home textile products as well.

 



Source: Prothom Alo, Bangladesh
Wednesday, 17 January 2018

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