BANKOK: Thai entrepreneurs are in dialogues with some Bangladeshi businessmen to invest in the country and exploit its immense business potential, senior Thai government officials said.
They held a discussion with the leaders of the Metropolitan Chamber of Commerce and Industry (MCCI) in Dhaka.
“Bangladesh has numerous promising sectors for investment thanks to its cost competitiveness, strategic location and the incentive packages offered by the government,” said Chokedee Kaewsang, deputy secretary general of Thailand Board of Investment.
Thailand has been maintaining good relations with Bangladesh over the years, he said, adding that more collaboration between the private companies of the two countries will obviously boost bilateral trade.
The 17-member Thai business delegation that is now visiting Bangladesh expressed their interest to invest in a number of sectors, including textiles and garments, agri-machinery, pharmaceutical and cold storage, to grab local and global markets.
Bangladesh needs to take more promotional activities to lure foreign investment, said Phasit Chudabuddhi, counsellor of the Thai embassy in Dhaka.
Many Thai companies will set up businesses in the country if Bangladesh can present it as an attractive investment destination, he said.