Home breadcru News breadcru Policy breadcru Bangladeshi investors may invest in S Africa if they get incentives

Bangladeshi investors may invest in S Africa if they get incentives

01 Sep '21
1 min read
Pic: Shutterstock
Pic: Shutterstock

Bangladeshi investors may visit South Africa to explore investment opportunities and consider investing there if they get incentives offered by other African nations, said the former’s foreign minister AK Abdul Momen, who recently visited South Africa and virtually discussed investment issues with Ebrahim Patel, minister of trade, industry and competition there.

He indicated that Bangladeshi investors can invest in South Africa’s clothing, textiles and footwear sectors. Collaboration in other sectors like information technology and agro-processed industry would offer a win-win situation for both sides, he was quoted as saying in an opfficial press release.

Patel briefed Momen about the economic policies being adopted by his government.

ALCHEMPro News Desk (DS)

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