BSS-15 UK keen to invest in higher education sector in Bangladesh

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ZCZC

BSS-15

DCCI-EDUCATION-INVEST

UK keen to invest in higher education sector in Bangladesh

DHAKA, Feb 9, 2021 (BSS) – The British High Commissioner in Bangladesh
Robert Chatterton Dickson today paid a courtesy visit to Dhaka Chamber of
Commerce and Industry (DCCI) and met its President Rizwan Rahman to discuss
various bilateral issues relating to trade and commerce.

During the discussion, the DCCI President Rizwan Rahman said the United
Kingdom (UK) is the third-largest investor in Bangladesh and also the third
largest export destination of Bangladesh, said a press release.

In 2019-20, he said, Bangladesh exported goods worth US$ 3.45 billion to
the UK against the import of US$ 411 million.

Rizwan Rahman said that UK is the second largest export destination for
locally developed software. In 2019-20, 13 percent of the country’s total
software exports were destined to UK which is third in terms of overall
export.

He also appreciated the UK government for allowing Bangladesh to continue
duty free access to the UK market even after the brexit.

He also urged the UK to consider establishing a country-specific economic
zone in Bangladesh.

The British High Commissioner Robert Chatterton Dickson in his speech said
that Bangladesh has made commendable progress in the economy.

Health, financial sector, higher education and FINTECH are some of the
potential sectors in Bangladesh to attract investments, he added.

He also said that a good number of British companies are in operation here
in Bangladesh and they are doing well.

Regarding attracting more FDI, he suggested being more competitive and
strengthening a business friendly environment. He also highlighted skill
development and quality education for the young generation especially as per
the need of industry.

The British High Commissioner also mentioned that the UK Universities are
keen to invest in Bangladesh’s higher education sector in a format of cross
border higher education but to expedite its policy guidelines or regulations
need to be effective.

Besides, a trade-talk between Bangladesh and UK would be held next week to
discuss bilateral trade and investment issues, informed the High
Commissioner.

Team Leader, Economic Growth and Private Sector Development and Senior PSD
Adviser of British High Commission Mahesh Mishra, DCCI Senior Vice President
N K A Mobin and Vice President Monowar Hossain were also present during the
meeting.

BSS/PR/KUC/FI/ 1626 hrs