Karachi, 28 December 2022:

Bangladesh Deputy High Commissioner in Karachi, S. M. Mahbubul Alam had around forty (40) separate business meetings and interactionsduring 1-28 December 2022with over fifty (50) the eminent industrialists, entrepreneurs, investors, and businessmen who are Chairman, Vice-Chairman, Managing Director, Executive Director, Chief Executive Officer, Chief Operating Officer,Owner, Proprietor, Managing Partnerand Director of their respective business enterprises or industries in Pakistan.

The Deputy High Commissioner S, M. Mahbubul Alam had separate meetings and interactions among others with Mr. Musaddiq Ali Baig, CEOMusaddiqBaig Consultancy, Mr. ZainulAbideen,Polanis Group, Mr. Ahmed Chinoy, Managing Partner, Arch Group, Mr. Arif Habib, CEO, Arif Habib Corporation Ltd, Mr. Raza Rashid, MD, Solar Energy Solutions, Mr. AhsanulHaq, Coal Trader, Trafigura Ltd, Mr. HasanJaved, Executive Director, AGI Denim, Mr. Ahmed Javed, Director, AGI Denim, Mr. Mahbub HasanRana, CEO, R&R Corporation Ltd, Mr. Mohammad Dochki, Group CEO, Fazale Rabbi Group, Mr. Javed Iqbal, CEO, Stadard Products, Mr. Hanif Ahmed, MD, Kayees Construction Company, Mr. Babar Mufti, MD, International Credit Information Lit, Mr. Rizwan Iqbal, CEO, CCI Industries Ltd, Mr. SM Yaaseen, CEO, Baksh Group, Mr. SM Danyaal, Director, Baksh Group, Mr. AbulShakoor, Proprietor, Muskan Patel, Mr. Muhafiz, Proprietor, Hafeez Marble, Mr. ZaighamAdil Rizvi, CEO, National Steels  Company Ltd, Mr. Khawaja Shahzad Nasir, MD, KND Textiles, Mr. Khawaja Shahbaz Nasir, Director, KND Textiles, Mr. Khalil ur Rahman, CEO, Khalil Group, Dr. Yahya Chawla, Director, Indus Hospital and Burque Corporation Ltd, Mr. HanifGagai, Director, Pak Sindh Housing Enterprises Ltd, Mr. Agha Dastageer, Director, Kassim Denim Ltd, Mr. Sualeh Mohammad, MD, Sualeh Housing Company Ltd, Mr. M. Amin, MD, Amin Fertilizer Company Ltd, Mr. Abdullah Zaki, MD, Zaki International Ltd, Mr. FawadElahiShamsi, Director, OSAKA Group, Mr. EjazurRehman, MD, Skincare, Mr. Nasir Shekhani, CEO, Culligan Water, Mr. Abdul Razzak, CEO, Samad Textiles Ltd. and Mr. Aamir Iqbal, CEO, ZamZam Pharmaceuticals Ltd.

Deputy High Commissioner discussed issues of promotion of trade and business and investment for mutual interests of the two countries. During the separate meetings and interactions he briefed the leading industrialists, investors, entrepreneurs and businesspersons in Karachi about various development initiatives and sectoral achievements in Bangladesh. He 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. Hehighlighted the success stories of socio-economic progress in Bangladesh and briefed them on different mega projects in Bangladesh such as Padma Bridge (opened on 25 June 2022), which is constructed with her own finance, Metro Rail (opened on 28 December 2022), Karnaphuli  River Tunnel, Rooppur Nuclear Power Plant, Deep-Sea Port, Bangabandhu Satellite-1, and other vital projects. He also shared the vision that the present government of Hon’ble Prime Minister Sheikh Hasina has been striving hard to turn Bangladesh into a developed country and Smart Bangladesh by 2041.

Deputy High Commissioner apprised the prominent entrepreneurs and businesspersons in Pakistan that Bangladesh is now among the five fastest growing economies in the world, ranking 41st in terms of GDP with per capita income of USD2824 and mentioned that Bangladesh has achieved 100% electricity coverage. He briefed them that Bangladesh has been working hard to establish 100 Specialized Economic Zones (SEZs) across the country. He elaborated on the potential of trade and commerce and investment in Bangladesh including 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 and to import products from Bangladesh.

During the meeting and interactions, Chairman, Vice-Chairman, Managing Director, Executive Director, Chief Executive Officer, Chief Operating Officer, Owner, Proprietor, Managing Partner 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. They requested to ease the processing of business visas for businesspersons from Pakistan. They also requested for exchange of business delegations between the countries. They enthusiastically expressed their eagerness to participate in trade fairs or exhibitions in Bangladesh. Few investors expressed their willingness to invest in Bangladesh SEZs whereas few other investors expressed their readiness for joint collaboration with Bangladeshi businesspersons in setting up industries in the SEZs in Bangladesh. Different businesspersons requested for relevant contacts or business profile of business groups or product profile of Bangladesh in their areas of business interest. They also expressed their conviction that there are huge potentials for greater trade and investments between the countries.

Bangladesh Deputy High Commission in Karachi S. M. Mahbubul Alam assured theChairman, Vice-Chairman, Managing Director, Executive Director, Chief Executive Officer, Chief Operating Officer, Owner, Proprietor, Managing Partner and Director of different companies or business enterprises of 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.