Dhaka, Bangladesh (BBN)– Canada is interested to invest in Bangladesh’s electricity generation, water treatment, construction and jute sectors under the Public Private Partnership (PPP).
Former Deputy Premier of Ontario Province of Canada and Minister for Energy and Infrastructure George Smitherman said this when a four-member delegation, led by him, met Federation of Chambers of Commerce and Industry (FBCCI) President AK Azad at FBCCI in the capital on Sunday.
Smitherman sought cooperation from the FBCCI in utilizing their investment potentials in the sectors.
He said Bangladesh could be an FDI destination as the country’s economic growth rate and export earnings were good despite global ‘recession’.
Mr. Azad thanked Smitherman for his interest to invest in Bangladesh, and said the country could be a suitable place for foreign investment as government policies are going to be more flexible and investment friendly.
He said the bilateral relationship between Canada and Bangladesh is built upon shared values of democracy and pluralism, with exclusive focus on development cooperation, trade and investment, regional security, immigration and people-to-people links.
BBN/SSR/AD-20Nov11-9:40 pm (BST)