‘Hong Kong now one of the top investors in Bangladesh’

Hong Kong has become one of the top 10 foreign investors in Bangladesh, pouring $1.8 billion till date mainly in the textile and energy sectors, said Rizwan Rahman, president of the Dhaka Chamber of Commerce and Industry (DCCI).

Bangladesh's trade with the country has already crossed the $1 billion-mark, he said on Monday.

Rahman spoke in a seminar on "Exploring business and investment opportunities for Bangladesh via Hong Kong" jointly organised by the DCCI and Hong Kong Trade Development Council (HKTDC) at Lakeshore Hotel in Dhaka.

Other countries can take inspiration from Hong Kong's investment successes and explore Bangladesh's trade potential, he said.

Hong Kong is an important centre for international finance and trade for the Asia-Pacific region, enabling businesses to tap massive opportunities, Rahman added.

After the graduation to a developing country, Bangladesh will need foreign investment, especially in infrastructure, financial, service and manufacturing sectors, Commerce Minister Tipu Munshi said at the event.