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16 June 2024

Business Insider Bangladesh

Humayun urges Iraqi entrepreneurs to invest more in Bangladesh

BI Report || BusinessInsider

Published: 18:03, 31 May 2023  
Humayun urges Iraqi entrepreneurs to invest more in Bangladesh

Photo: Collected

Claiming that Bangladesh has a foreign investment-friendly atmosphere in South Asia, Industries Minister Nurul Majid Mahmud Humayun has urged his Iraqi entrepreneurs to invest more in the country.

“Bangladesh has the most liberal foreign investment climate in South Asia. Tax holiday facilities, reduced taxes in various sectors, export incentives and other economic incentives are being provided here. Iraqi investors can take advantage of these opportunities,” he said.

The minister made the call while holding a meeting with Iraqi Industry and Mineral Resources Minister Khalid Battal Najim at his ministry office in Dhaka’s Motijheel area on Wednesday.

In the meeting, they discussed various issues including trade and investment, said a press release.

BSS adds: In his speech, Humayun said Iraq can take benefit by importing garments, jute products, leather goods and medicines from Bangladesh.

As a friendly country, Khalid Battal Najim said, Bangladesh has the opportunity to work in various fields.

“We want to work together in the leather, textile and pharmaceutical sectors,” he added.