Bangladesh, Egypt to sign investment agreement

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Economic Reporter :
Bangladesh and Egypt have agreed to sign bilateral investment agreement to boost investment in the industrial sector for mutual benefits of the two countries.
The decision was taken by Bangladesh Industries Minister Amir Hossain Amu and Industries and Commerce Minister of Egypt Engineer Tarek Qabil during a meeting held on the sideline of the 5th Ministerial Meeting on D-8 Industrial Cooperation in Cairo on May 11, said a handout here on Friday.
During the meeting, Amu highlighted the lucrative environment atmosphere in Bangladesh and said fertilizer, paper, petrochemical and shipbuilding are the highly potential sectors for investment.
Tarek Qabil said private entrepreneurs of his country are eager to invest in these sectors and assured that he would extend all government’s assistances to Egyptian entrepreneurs to invest in Bangladesh.
He underscored the need for boosting diplomatic contact and exchanging trade representatives between the two countries in this regard.
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