Karachi, 7 August 2023:

Bangladesh Deputy High Commissioner in Karachi, S. M. Mahbubul Alam had at least eight (08) separate business meetings and interactions during 01-07 August 2023 with more than fifteen (15) eminent industrialists, entrepreneurs, investors, and businessmen in Pakistan.

Deputy High Commissioner S. M. Mahbubul highlighted the businesspersons on the socio-economic development of Bangladesh. He said that Bangladesh has transformed into a developing country by implementing Vision-2021. He heighted the Vision-2031 and Vision-2041 and Delta Plan-2100. He also highlighted mega-projects such as the Padma Bridge, Dhaka Metro Rail and ongoing mega-projects such as Matarbari Power Project, Rooppur Nuclear Station, Bangabandhu Tunnel under the river Karnaphuli, Sonadia Deep Sea Port, Elevated Expressway, International Airport at Cox’s Bazar, and Third Terminal at the Hazrat Shahjalal International Airport. He further mentioned that Bangladesh has launched the Bangabandhu-1 satellite into space on 12 May 2018 and recently inaugurated 100 bridges and 100 roads and highways on a single day on 28 December 2022.  

Deputy High Commissioner mentioned that Bangladesh has become a ‘Role Model’ of socio-economic development in the world. He briefed that Bangladesh is currently one of the five fastest growing economies in the world. Bangladesh currently ranks the 35^th largest economy in the world in terms of GDP. While in 1971, Bangladesh had per capita income less than USD100, which is currently USD2824. In 1971, the literacy rate was only less than 18%, which is currently around 80% with almost 100% primary enrollment rate. Bangladesh has achieved 100% electricity coverage across the country and has been working to establish 100 Specialized Economic Zones (SEZs) across the country with foreign investment friendly policies.

Deputy High Commissioner invited the potential investors, industrialist, entrepreneurs and businesspersons from Pakistan to invest in Bangladesh. He also invited the businessmen to import products from Bangladesh. The eminent businesspersons and dignitaries were deeply impressed with the success and positive stories of Bangladesh. They highly appreciated the impressive socio-economic developments in Bangladesh. They also expressed their willingness to invest and to do business with Bangladesh.