FBCCI eyes $20.8b investment from Taipei summit

block
Economic Reporter :
Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Sheikh Fazle Fahim on Thursday said that Bangladesh has potential to get US$20.8 billion foreign investment from “Taipei Investment Summit, 2020”.
“Taipei Investment Summit-2020 will be held in Taipei (Taiwan’s capital) and we have identified an investment pool of $20.8 billion. Investment would come to various sectors, including in infrastructure, hospitality and automobiles. Money will come to different economic zones of the country,” he said.
The FBCCI president said this at a post-event press conference of the 33rd Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) at a city hotel, said a press release.
Sheikh Fazle Fahim informed that FBCCI and CACCI will jointly organise the Taipei Investment Summit-2020.
He said this is the first time, the CACCI conference was held in Bangladesh. Through this gathering, a vibrant network of businesspersons has been created, he added.
Fahim said the conference has also created the opportunity of bringing a big amount of foreign investment to the country. Sectors including infrastructure, tourism and automobiles would get the lion share of this probable investment, he added.
block