UNB, Dhaka :
Some 70 locomotives will be procured from Switzerland to improve Bangladesh Railway services.
To import the locomotives, a Memorandum of Understanding (MoU) has almost been completed for signing by the two sides.
Outgoing Ambassador of Switzerland to Bangladesh Christian Fotsch informed
Prime Minister Sheikh Hasina about it when he paid a courtesy call on her at her office on Thursday.
Prime Minister’s Press Secretary Ihsanul Karim briefed reporters after the meeting.
The Ambassador said a Swiss company is also likely to export Liquefied Natural Gas (LNG) to Bangladesh and an MoU is also expected to be signed in this regard.
Highly appreciating Bangladesh’s stunning successes and lot of progress achieved under the dynamic leadership of Prime Minister Sheikh Hasina, Christian Fotsch said its GDP growth rate is increasing every year.
Referring to the existing trade between the two countries, he said, the trade imbalance is currently in favour of Bangladesh as the country exports more to Switzerland than it imports from there.
At the meeting, the Prime Minister sought Swiss investment in Bangladesh’s various sectors for the mutual benefits taking the attractive advantages offered by her government.
Hasina said measures have been taken to establish economic zones where the investors can build their industries, while the government also established connectivity with neighbours considering the huge market in the region. About the import of locomotives from Switzerland, she mentioned the cooperation with Switzerland in the railway sector saying Bangladesh needs to further improve the railway communication.
Referring to the Father of the Nation’s dream to establish Bangladesh as Switzerland, Hasina said her government has been working to achieve economic emancipation of people, eradicate poverty and ensure their basic needs. She also stressed exchanging more high-level visits between Bangladesh and Switzerland to further expand cooperation between the two countries.
Some 70 locomotives will be procured from Switzerland to improve Bangladesh Railway services.
To import the locomotives, a Memorandum of Understanding (MoU) has almost been completed for signing by the two sides.
Outgoing Ambassador of Switzerland to Bangladesh Christian Fotsch informed
Prime Minister Sheikh Hasina about it when he paid a courtesy call on her at her office on Thursday.
Prime Minister’s Press Secretary Ihsanul Karim briefed reporters after the meeting.
The Ambassador said a Swiss company is also likely to export Liquefied Natural Gas (LNG) to Bangladesh and an MoU is also expected to be signed in this regard.
Highly appreciating Bangladesh’s stunning successes and lot of progress achieved under the dynamic leadership of Prime Minister Sheikh Hasina, Christian Fotsch said its GDP growth rate is increasing every year.
Referring to the existing trade between the two countries, he said, the trade imbalance is currently in favour of Bangladesh as the country exports more to Switzerland than it imports from there.
At the meeting, the Prime Minister sought Swiss investment in Bangladesh’s various sectors for the mutual benefits taking the attractive advantages offered by her government.
Hasina said measures have been taken to establish economic zones where the investors can build their industries, while the government also established connectivity with neighbours considering the huge market in the region. About the import of locomotives from Switzerland, she mentioned the cooperation with Switzerland in the railway sector saying Bangladesh needs to further improve the railway communication.
Referring to the Father of the Nation’s dream to establish Bangladesh as Switzerland, Hasina said her government has been working to achieve economic emancipation of people, eradicate poverty and ensure their basic needs. She also stressed exchanging more high-level visits between Bangladesh and Switzerland to further expand cooperation between the two countries.
