presidentspeech business opportunities sec sir

8/9/2019 PresidentSpeech Business Opportunities Sec Sir

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SPEECH OF

K. M. H. SHAHIDUL HAQUE

PRESIDENT, BIAAIN THE

2ND CHINA SOUTH ASIA EXPO

Topic: In!"#$!n# oppo%#&ni#i!" in B'n()'*!"+

Bismillahir Rahmanir Rahim

Excellencies, Respected Chairman of the Forum, Moderator, Ladies andGentlemen, Good afternoon.

At the beginning of m speech, ! "ould li#e to express m gratitude on m

personal behalf and on behalf of Bangladesh !ndenting Agent$ Association to

CC%!&, 'unming, (unnan and )AARC Chamber of Commerce and !ndustr and the Go*ernment

of the %R of China for their continuous efforts for promotion of trade and commerce among the

)outh Asian countries and hence ensuring a balance Regional +e*elopment.

Di"#in(&i"+!* &!"#" 'n* D!)!('#!",

At the ad*ent of globaliation, "e are no" li*ing in a global *illage and "e cannot thin# of ad*ancement of the national econom of our countr alone "ithout the cooperation of others.

-e the )outh Asian countries must march ahead to"ards de*elopment "ith a *ie" to reapingthe benefit of globaliation b exchanging *ie"s, ideas, transferring technolog, sharing oint

*enture industries among the member countries so that balanced gro"th is ensured in theregion.

D!'% F%i!n*",

Before going to m topic, ! "ould li#e to ta#e the opportunit to introduce B!AA to thisesteemed Forum. Bangladesh !ndenting Agents$ Association /B!AA0 is a national bod of theindenting firms. -e ha*e 12334 member firms "ho act as agents of the foreign exporters5

companies5suppliers for mar#eting their products in Bangladesh mar#et.

-e loo# after the benefits of our member firms and "e "or# "ith the foreign trade bodies for

de*elopment of business relationship. !t is m pleasure to inform ou that "e ha*e M67 "ithCC%!&, (unnan, CC%!&, Beiing and *er recentl "e are going to sign M67 "ith the Legal

Affairs +epartment of CC%!&, Beiing for establishment of mediation centre to resol*e businessdisputes out of Court. As China is the maor exporting countr to Bangladesh, signing of M67

"ith other %ro*inces of %R of China are also under process.

As a Business )upport 6rganiation, "e are committed to our member firms and to our nation

as "ell "ith a motto of bridging business across se*en seas.


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B&"in!"" Di(ni#'%i!",

8o" ! "ould li#e to focus on the in*estment opportunities in Bangladesh. -ith the dnamic

leadership of our present Go*ernment, Bangladesh has been achie*ing stead economic

gro"th for decades.. +espite the recent global financial turmoil, Bangladesh retains the gro"th

of momentum placing the highest emphasis on augmenting in*estment "hich is recognied as

the #e dri*e for economic gro"th of the countr. !n our economic de*elopment *ision the

9:ision 131; b 13;? and ;3> in 13;2 and

sustaining it till to 131;. !ncreasing in*estment is considered as a #e *ariable for attaining

such o*erall de*elopment. Bangladesh offers the most liberal in*estment climate in )outh Asia.

!n*estment in Bangladesh is "ell protected b la" and b practice. Maor La"s related to

pri*ate in*estment both foreign and local are@

&he Foreign %ri*ate !n*estment /%romotion and %rotection0 Act of ;=3

&he Bangladesh Export %rocessing ones Authorit Act of ;=3

&he !n*estment Board Act of ;=

&he Companies Act of ;

&he Bangladesh %ri*ate Export %rocessing ones Authorit Act of ;D

&he !mport %olic 6rder 13;113;2

Export %olic 13;113;2

&he !ndustrial %olic 13;3

%olic and )trateg for %ublic%ri*ate %artnership /%%%0, 13;3

)pecial Economic ones Act of 13;3

Foreign %ri*ate !n*estment %romotion %rotection Act ;=3 includes guarantee of fair and

euitable treatment along "ith protection against expropriation and nationaliation to foreign

pri*ate in*estment. )uch national treatment is also pro*ided in Bilateral !n*estment &reaties

/B!&0 for promotion and protection of foreign in*estment.

B no", "e ha*e B!&s "ith 1 countries and negotiation is going on to sign B!& "ith some

other Asian and European countries.

!n addition as a member of -orld Association of !n*estment %romotion Agencies /-A!%A0,

Bangladesh is a signator to Multilateral !n*estment Guarantee Agenc /M!GA0, 6*erseas

%ri*ate !n*estment Corporation /6%!C0 of 7)A, !nternational Centre for )ettlement of

!n*estment +ispute /!C)!+0 and a member of the -orld !ntellectual %ropert 6rganiation


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/-!%60, Bangladesh ensures adeuate protection of !%R such as %atents, +esign, &rademar#s,,

)er*ice mar#s Cop right.

Di"#in(&i"+!* &"in!"" *i(ni#'%i!",

Bangladesh Go*ernment under BE%A Act ;=3 operates Export %rocessing one /E%0 in

Bangladesh "ith a *ie" to pro*iding a congenial in*estment climate free from procedural

complication. E%s are Export oriented industrial encla*es that pro*ide infrastructural facilities,

administrati*e )upport )er*ices to the in*estor along "ith re"arding incenti*es.

)ome of the maor incenti*es and facilities pro*ided b Bangladesh Go*ernment are cited hereH

Fi"c') Inc!n#i!":

• &ax Iolida for ;3 (ears

• Concessionar &ax for 2 ears after completing initial ;3 ears.

• +ut free import of machiner and ra" materials

• A*oidance of +ouble &axation.

• All other incenti*es as pro*ided b B6!

Non/Fi"c') Inc!n#i!"

• ;33> foreign euit allo"ed

• 7nrestricted exit polic

• Full repatriation facilities of di*idend and capital at the e*ent of exit

• !mport of ra" materials allo"ed on +ocumentar Acceptance basis.

• !ntra and !nterone export is allo"ed.

• )ubcontracting "ithin E%s permitted.

In0%'"#%&c#&%! 'n* F'ci)i#i!"

• Full )er*iced %lots

• Read Factor Building

• All &pes of 7tilities

• -arehouse and )ecured Bonded Area

• Business )upport )er*ices


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• Administrati*e )er*ices

• Custom Clearance at %lant )ite

• -or#ers +ormitor Encla*e

• Recreational Amenities

D!'% En#%!p%!n!&%",

As China is in the process of restructuring its econom and relocating labourintensi*e

industries, ! thin# Bangladesh is their best destination, as it has a massi*e good ualit

and lo" cost labour force and in*estmentfriendl polic. -e reuest Chineseentrepreneurs to consider it. China and other )outh Asian in*estors can in*est in

Bangladesh and their products can be reexported to their o"n countr and to the rest

of the "orld as Bangladesh eno D/F%!! Q&o#'/F%!! access to about ;J

countries of the "orld.

8o", ! "ould li#e to focus some of the potential sectors to "hich the foreign in*estors "ill find

them con*enient for a secured in*estment and good return as "ell.

RM 'n* B'c34'%* Lin3'(!:

E)!c#%onic" 5 E)!c#%ic') App)i'nc!"6Ho$! App)i'nc!"

a. )emiConductorb. Cell %hone Assembl

c. 6ther Electronics

In0o%$'#ion T!c+no)o(:

a. +ata %rocessingb. )oft"are +e*elopment

Co')/'"!* In*&"#%i!":

a. Electricit

b. Fertilierc. %etrochemicals Refrigeration

Fi"+ 'n* Fi"+ p%oc!""in( In*&"#%i!"

L!'#+!%:

http://www.google.com.bd/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0CDEQFjAB&url=http%3A%2F%2Functad.org%2Fen%2FPublicationsLibrary%2Faldc2009d3_en.pdf&ei=TYx9U_faHsKhugTJ54LQDw&usg=AFQjCNH9ds_P_QXtwra579cSNYuqJwaWMwhttp://www.google.com.bd/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0CDEQFjAB&url=http%3A%2F%2Functad.org%2Fen%2FPublicationsLibrary%2Faldc2009d3_en.pdf&ei=TYx9U_faHsKhugTJ54LQDw&usg=AFQjCNH9ds_P_QXtwra579cSNYuqJwaWMw


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a. Finished Leatherb. Leather Goods

C!%'$ic

a. &able"are

b. )anitar "are

c. !nsulator

Li(+# En(in!!%in(:

a. Machiner %arts

b. Consumer !tems

A(%o/'"!* In*&"#%:

a. Canned Kuice 5 Fruit

b. +air and %oultrc. Agricultural machineries li#e %o"er tiller

-e belie*e the foreign in*estors "ill come for"ard for in*estment "hich is a "inning

combination "ith its competiti*e business friendl en*ironment and cost structure that can

gi*e ou best return.

D!'% C+'i%p!%"on, L'*i!" 'n* !n#)!$!n,

! must than# the 6rganiers for in*iting me and m delegates in this esteemed Exposition for

this presentation on behalf of B!AA. M heartiest than#s go to the )ecretariat of China)outh

Asia Business Expo for their optimistic initiati*e the ha*e ta#en.

! "ould li#e to than# ou once again for our patient hearing.

Long Li*e B!AA. Long Li*e China)outh Asia Business Expo., Long li*e ChinaBangladesh

Friendship.

K M H S+'+i*&) H'8&!,

P%!"i*!n#

presidentspeech business opportunities sec sir

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