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2024-09-10 17:59:46

Netherlands to invest in Bangladesh's pharma, ICT sectors

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Netherlands to invest in Bangladesh's pharma, ICT sectors

Netherlands has expressed its keen interest to invest in the ICT and pharmaceutical sectors of Bangladesh to reap benefits from the growing potential of these items in both the domestic and international markets.

Netherlands Ambassador in Dhaka Irma van Dueren on Tuesday expressed the interest while meeting with Interim Government's Adviser to the Ministry of Industries Adilur Rahman Khan at Industries Ministry.

During the meeting, they discussed on various issues including export, import, trade and investment, BSS reports.

In his speech, Adilur said Bangladesh and Netherlands have been enjoying good relations for long.

"A bilateral capital investment and protection agreement between Bangladesh and the Netherlands was signed on November 1, 1994. It is possible to move this bilateral relationship to a higher level by increasing trade and investment," he added.

Irma van Dueren said that the Netherlands is one of the main European importers of Bangladeshi textiles and apparel products.  

"Bangladesh's ready-made garments (RMG) exports to the Netherlands have increased significantly in 2023. Bangladesh exports about 62 per cent of its manufactured garments to the Netherlands among European Union countries. The Netherlands has consistently ranked as an important trading partner," he added.

Now, Bangladesh can be considered as a potential regional hub for apparel business with a well-developed supply chain management, he added.

bd-pratidin/GR

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