CanCham Bangladesh calls for FIPA to facilitate FDI inflow from Canada

CanCham Bangladesh, which celebrated 50 years of bilateral relations in Dhaka recently, also sought a 100-acre plot in Bangabandhu Special Economic Zone (SEZ) for setting up a Canadian Industrial Zone.

CanCham Bangladesh president Masud Rahman said FDI into Bangladesh reached $3.61 billion in 2019 and FDI inflows rose by 37 per cent year on year to $3.43 billion in fiscal 2021-22, according to Bangladeshi media reports.

He also stressed that a bilateral free trade agreement (FTA) should be signed to promote and expand trade, exploring all the potential provinces of Canada.

ALCHEMPro News Desk (DS)