Karachi, 7 March 2023:

Bangladesh Deputy High Commissioner in Karachi, S. M. Mahbubul Alam had fifteen (15) separate business meetings and interactions during 01-07 March 2023 with more than twenty-five (25) eminent industrialists, entrepreneurs, investors, businessmen, bankers who are Chairman, Vice-Chairman, President, Vice President, Chief Executive Officer, Chief Operating Officer, Managing Director, Managing Partner, Owner& Proprietor and Director of their respective business enterprises or industries in Pakistan.

Few of the dignitaries the Deputy High Commissioner S. M. Mahbubul Alam had separate meetings and interactions are Mr. Riaz Uddin, President, SITE Association of Industry, Mr. Younus Muhammad Bashir, Managing Director, ZK Industries Ltd, Mr. AnjumNisar, Managing Director, Anjum Asif Ltd, Mr. Amin YousufBalganwala, Chairman, Pakistan Chemicals & Dyes Merchants Association, Mr. MurtazaMandviwalla, Chairman and CEO, Mandviwalla Motors Ltd,Mr. Syed AamirSajjid, CEO, Concept Hospitals and Life Science Pharmaceuticals Ltd,Mr. Abdul RaufTabani, President and CEO, Mr. Zain Tabani, Chief Operating Officer, and Mr. Abdul Mateen Qureshi, Vice President ofTabani Trading International Ltd, Mr. Syed Makhdoom Ali Riaz, President, Pakistan American Cultural Center, Mr. Asim Ali, CEO, Profound Vision Ltd, Mr. Mashkoor Khan, Executive Vice President, Meezan Bank Ltd, Mr. Moman Zafar, Head of Sales and Marketing, HanTex Ltd. Mr. Abdul Jabbar, Director, Dalal Industries Ltd, Mr. Javed Amin, and Director, Intellitech Business Solutions.

Deputy High Commissioner discussed issues of promotion of trade and business and investment for mutual interests of the two countries. He also briefed the leading industrialists, investors, entrepreneurs and businesspersons in Karachi about various development initiatives and sectorial achievements in Bangladesh. He further mentioned that Bangladesh has fulfilled all criteria for graduation to developing country and has become a ‘Role Model’ of socio-economic development in the world. He highlighted on different mega projects in Bangladesh such as Padma Bridge, Metro Rail, Karnaphuli River Tunnel, Rooppur Nuclear Power Plant, Deep-Sea Port, Bangabandhu Satellite-1, and other vital projects. He briefed that Bangladesh is currently among the five fastest growing economies in the world ranking 35^thin terms of GDP with per capita income of USD2824. He mentioned that Bangladesh has achieved 100% electricity coverage and Bangladesh has been working hard to establish 100 Specialized Economic Zones (SEZs) across the country.  He shared the vision of the present government to turn Bangladesh into a developed country and Smart Bangladesh by 2041.

Deputy High Commissioner elaborated on the potential of trade and commerce and investment in Bangladesh. He explained the businessmen the exclusive facilities and incentives Bangladesh offers for foreign investment. He invited the potential investors, industrialist, entrepreneurs and businesspersons from Pakistan to invest in Bangladesh. He also invited the businessmen to import products including tea, leather and lather products, jute and jute products, pharmaceuticals, ceramics, chemicals, and so forth from Bangladesh.

During the meeting and interactions, Chairman, Vice-Chairman, President, Vice President, Chief Executive Officer, Chief Operating Officer, Managing Director, Managing Partner, Owner & Proprietor and Director of different companies in Pakistan highly appreciated the impressive socio-economic developments in Bangladesh. They also expressed their willingness to invest in Bangladesh and do more business with Bangladesh. Those businessmen who have been doing business already with Bangladesh expressed their deep satisfaction. They requested the Deputy High Commissioner to ease the processing of business visas for businesspersons from Pakistan.

Bangladesh Deputy High Commission in Karachi S. M. Mahbubul Alam assured the leading businesspersons in Pakistan to extend all possible cooperation for greater trade and commerce and economic relations between the two counties. Deputy High Commissioner also presented them souvenirs on Bangladesh.