Hong Kong, 16 May 2024:

Mr. Jeroen Herms, Co-founder & CEO of BSK Fashion Bags expressed his interest to set up a factory in Comilla EPZ investing over six million USD for producing world class bag, bag packs, wallets etc during a courtesy call on with Consul General Ms. Israt Ara at her office recently. He further informed that one thousand workers would be recruited initially, and it would be increased gradually. Established in 2011, BSK Fashion Bags is a China based trading company for manufacturing sophisticated leather goods and footwear.

Consul General Ara took the opportunity to highlight various incentives offers by the Government of Bangladesh under Hon’ble Prime Minister Sheikh Hasina for foreign investors in many sectors during the meeting. She impressed upon the CEO citing different aspects of trade and investment opportunities in Bangladesh, political stability, infrastructural development, comparative benefits in manufacturing sector, young work force, etc. that have attracted the business people to invest in Bangladesh. While appreciating the present socio-economic development of Bangladesh, Mr. Herms mentioned that they would like to shift their main office from Guangzhou, China to Bangladesh taking into account the comparative advantages of Bangladesh in doing business vis-s-vis other countries. He also praised skills and talent of the young workforce of Bangladesh who are currently working in his company.

For smooth business operation of his company in Bangladesh, Mr. Herms sought cooperation from the Government of Bangladesh as well as from the Consulate. The Consul General assured him of all possible cooperation from the Consulate including liaising with the relevant investment promotion authorities of Bangladesh, issuing visa and other matters. He expressed his satisfaction for the expeditious service received from the Consulate and thanked the Consul General for the meeting and her assurance of support.

It may be mentioned that the Consulate General of Bangladesh is relentlessly engaged in promoting economic diplomacy. As part of different initiatives, officials of the Consul are regularly meeting with business persons and investors of Hong Kong and highlight the trade and investment opportunities of Bangladesh.