Spain keen to invest in Bangladesh
A private sector Spanish business team will soon visit Bangladesh to explore the possible investment potential, said Arturo Manuel Perez Martinez, the ambassador of Spain.
Spain is keen to invest in Bangladesh, said Spain's first-ever Ambassador to Bangladesh during a courtesy call with Chief Adviser Dr Fakhruddin Ahmed yesterday.
The Chief Adviser said Bangladesh welcomes foreign investment, saying that cheap labour and trainable people here will make a win-win situation for both Bangladesh and foreign investors.
He hoped that trade relations between Dhaka and Madrid would be bolstered during the tenure of the new ambassador as well as Spain would be a destination for exports of Bangladesh like many other European countries.
Dr Fakhruddin said, “A good number of foreign countries have shown interest in making investment in Bangladesh as Bangladesh became an attractive place for investment.”
Over one billion dollars have been invested in the export- processing zones in Bangladesh, it was informed.
Both the Chief Adviser and the Ambassador emphasized people-people to contact and exchange of visits between the two countries.
The Chief Adviser said the opening of Spanish Embassy in Bangladesh would play a vital role in translating the existing goodwill and understanding into meaningful bilateral cooperation.
“Bangladesh attaches great importance to its relations with Spain,” he added.
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