Ambassador of the Philippines in Bangladesh H.E. Vicente Vivencio T. Bandillo called on DCCI President of Dhaka Chamber of Commerce & Industry (DCCI) Abul Kasem Khan at DCCI on 13 February, 2018. Attaché of Philippine Embassy in Dhaka Lauren S. Arce was also present during the meeting.
During the discussion DCCI President Abul Kasem Khan said Bangladesh is an investment hungry country. We need huge investment especially in the infrastructure sector. He invited Philippines’ entrepreneurs to invest in our infrastructure projects. He also said that at present there is no direct air link between Dhaka and Manila. He pointed out that in order to boost bilateral trade between these two friendly countries, direct air flight will be a catalyst in enhancing bilateral trade volume. Abul Kasem Khan said that Philippine is a successful country in exporting skilled manpower to various countries. He proposed that we can jointly collaborate with the Philippines to establish an institution for skill development of Bangladeshi outbound manpower as there is a huge demand of skilled workforce throughout the world. He said that Philippines as well as the ASEAN region can explore the large market of 160 million people here in Bangladesh. He said Bangladesh and Philippines can jointly invest in industrial manufacturing like chemicals, construction materials, machineries/transport equipments and electronic products.
Ambassador of the Philippines H.E. Vicente Vivencio T. Bandillo said that potential sectors in Bangladesh for Philippine entrepreneurs are information technology, business process management, travel and transport, agriculture and fisheries and processed food industry. Technical education sharing, two-way tourism development, technological research programmes, deepening people to people connectivity are some of the areas where Bangladesh and Philippine can cooperate each other. He said Philippines can become a gateway for Bangladeshi businesses into ASEAN region. He said investment in biotechnology tools, portable technologies, photonics and nanotechnology in Philippine will get incentives.
DCCI Vice President Riyadh Hossain, Directors Md. Alauddin Malik, Hossain A Sikder, Waqar Ahmad Choudhury, Engr. Md. Al Amin, SM Zillur Rahman, Kh. Rashedul Ahsan, Humayun Rashid and Secretary General AHM Rezaul Kabir were also present during that time.