BSS-02 Indo-Bangla private sector’s joint investment in sub-Himalayan region stressed

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ZCZC

BSS-02

DISCUSSION-BUSINESS (with picture)

Indo-Bangla private sector’s joint investment in sub-Himalayan region
stressed

RANGPUR, Dec 08, 2019 (BSS) – Business leaders at a discussion have
stressed joint investments of Bangladesh-India private sectors’ to set up
industries for bolstering business, trade and commerce in the sub-Himalayan
region.

They opined this at the discussion organised by Rangpur Chamber of Commerce
and Industry (RCCI) at RCCI auditorium here on Saturday night.

A delegation from Confederation of Indian Industry (CII) attended the
function.

The discussion was arranged before the upcoming “CII 7th North Bengal
Conclave” to be held at Siliguri city in India to focus on Investment, Export
Promotion and Logistics for Northern West Bengal on December 21 next.

The CII in association with West Bengal Industrial Development Corporation
is organising the event aimed at promoting Northern West Bengal as business
and investment destination.

Business delegations and entrepreneurs from eight northern districts of
West Bengal and other parts of India along with Bangladesh, Bhutan, and Nepal
are expected to participate in the conclave and reach trade and joint
investment deals in B2B meetings.

Vice-chairman of the CII North Bengal Zonal Council Sanjit Saha attended
the discussion as the chief guest with RCCI President Mostafa Sohrab
Chowdhury Titu in the chair.

Past Chairman of the North Bengal Zonal Council of CII Kamal Kishore
Tewari, it’s Zonal Council Members Vinoy Kumar Gulati and Manna Chowdhury,
Proprietor of ‘Suvidhaa Aapki’ Hemant Kumar Agarwal and other deliberation
members spoke.

Senior Vice-president of RCCI Mostoba Hossain Ripan, Members of its Board
of Directors, female entrepreneurs, importers and exporters addressed.

The speakers highlighted various possibilities of trade, commerce and joint
investments in prospective sectors in northern Bangladesh, northern region of
West Bengal and other sub-Himalayan region’s countries under joint private
sector ventures.

The CII delegation members called for facilitating visas for Indian traders
to come to Bangladesh, launching Syedpur-Bagdohra air communication,
relaxation of foreign investment policy and setting up industrial factories
in joint venture.

Sanjit Saha urged businesspersons and industrialists of Bangladesh and
Rangpur division to attend the CII 7th North Bengal Conclave.

He called upon traders of both countries to set up industries through joint
investments and play an important role in the conclave to accelerate the pace
of trade and commerce of the two countries.

RCCI President Titu said the prevailing problems of businesspersons between
India and Bangladesh will be raised at the upcoming CII 7th North Bengal
Conclave.

“The RCCI will urge Finance Minister of West Bengal Dr. Amit Mitra, who is
expected to attend the conclave at Siliguri as the chief guest, to eliminate
the trade deficit,” Titu added.

He said there is a considerable potential for setting up agro-based
industries through joint ventures in Rangpur region which is highly rich in
agriculture.

“As the sub-Himalayan region’s connectivity has become a reality, the
investors and businesspersons of all four countries can take the opportunity
for expanding regional trade, commerce and business in the region,” Titu
added.

BSS/MI/GMR/1153 hrs