Minister urges Singapore investments | The Daily Star
12:00 AM, September 26, 2010 / LAST MODIFIED: 12:00 AM, September 26, 2010

Minister urges Singapore investments

Commerce Minister Faruk Khan met Singaporean Minister for Trade and Industry Lim Hng Kiang at the latter`s office here on Friday night.
The minister is on a two-day visit in Singapore on his way back to Dhaka after attending the World Expo 2010 in Shanghai, China, a press statement said.
During the meeting, Khan expressed happiness at the current state of trade relations between the two countries.
He, however, observed that Singapore could import more products from Bangladesh, including apparels and agro products, and appreciated the development of Singapore and said that developing countries should take Singapore as a role model for economic development.
Highlighting some potential areas for investment in Bangladesh, including textile, power generation, high tech industry, labour-intensive industry, electrical and electronics industry, ICT, real estate, hotels and holiday resorts, hydro carbon exploitation and tourism infrastructure, Faruk Khan requested his counterpart to encourage Singaporean companies to invest in Bangladesh.
He also sought cooperation of the Singaporean minister in providing training to potential Bangladeshi workers in the services sector so that they could be recruited in Singapore.
Faruk Khan also informed Lim of a planned Single Country Trade Fair of Bangladesh which Bangladesh High Commission in Singapore will organise in May next year and requested him to be the guest of honour at the fair.
The Singaporean minister appreciated the contribution of Bangladeshi professionals, businessmen and workers towards Singapore economy.
He stated that his government would take appropriate steps to further the trade relations between the two countries and he also assured the commerce minister that the government of Singapore would provide all necessary support to potential Singaporean companies to invest in Bangladesh.
During the meeting, Faruk Khan was accompanied by Bangladesh High Commissioner in Singapore Kamrul Ahsan and other high officials.

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