Construction, infrastructure potential sectors for joint collaboration
Egyptian envoy says in meeting with DCCI president
Bangladesh and Egypt can go for joint collaborations to explore the highly potential construction and infrastructure sectors of the south Asian country, said Egyptian Ambassador Haytham Ghobhashy.
Bangladesh also has to improve its infrastructure sector, where Egyptian entrepreneurs can play a vital role for its development, he added.
His comments came as he called on Rizwan Rahman, president of the Dhaka Chamber of Commerce and Industry (DCCI) on Tuesday at the chamber's office in Dhaka.
Due to Covid-19 pandemic, Egypt is more focused on doing business and investment with the South Asian nations, Ghobhashy said, seeking cooperation from Bangladesh to boost trade in these region, according to a statement of the DCCI.
He also said Egypt enjoys duty- and quota-free access to the USA, the EU, Latin America and middle Eastern countries and urged Bangladesh's private sector to invest in Egypt to avail those trade benefits.
The Dhaka Chamber's president suggested that Egypt can utilise Bangladesh to produce same or similar products to be price competitive in the African Continental Free Trade Area.
DCCI Senior Vice President NKA Mobin was also present.