Denmark and Invest Bangladesh talk two‑way investment

Danish Ambassador to Bangladesh Christian Brix Møller visited Ashik Chowdhury, chairman of the Bangladesh Investment Development Authority, which is also called Invest Bangladesh as a courtesy.

At the Invest Bangladesh office on Sunday Denmark and Invest Bangladesh talked about growing two‑way investment, building infrastructure finding new energy projects making factories cleaner and discovering fresh places for investment.

The meeting also looked at how Karnaphuli Fertilizer Company Limited, known as KAFCO works now and what it may do in the future.

In addition Denmark and Invest Bangladesh suggested forming a team to speed up the Laldiya Container Terminal project in Chattogram, which follows an agreement with Denmark’s APM Terminals. Denmark and Invest Bangladesh both said good communication and coordination are key to moving the project

Denmark and Invest Bangladesh also looked at ways to use Denmark’s know‑how and money in Bangladesh’s energy field. They talked about the chances offered by Swarna Dweep.

Invest Bangladesh invited investors to check out empty and promising land and industrial assets that belong to several state‑run companies.

It was noted that new factories could start or current assets could be used better at sites where sugar mills and other factories have worked or are working. Invest Bangladesh said it is ready to give help if Danish investors bring clear proposals.

The food processing industry was marked as a field for teamwork between Denmark and Bangladesh.

Dr Julia Moin, Director General of Investment Development-1 at Invest Bangladesh pointed out how good the food processing industry could be in Bangladesh’s north.

She talked about doing feasibility studies using crops building cold storage and making drinks and food from fruits. These products can be sold abroad and also in Bangladesh.

Denmark and Invest Bangladesh agreed to keep talking and keep meeting to grow investment work, in these bright sectors.