Los Angeles, CA
THE RISE OF BENGAL TIGER:
POTENTIALS OF TRADE & INVESTMENT IN BANGLADESH
INVESTOR SUMMIT: BANGLADESH CAPITAL MARKETS
July 30, 2021
Inter Continental Los Angeles Downtown
Los Angeles, CA
Press Release: BSEC Roadshow ‘The Rise of Bengal Tiger: Potentials of Trade & Investment in Bangladesh’ Investor Summit: Bangladesh Capital Markets at Los Angeles
On July 30, 2021, Bangladesh Securities and Exchange Commission organized ‘Investor Summit: Bangladesh Capital Markets’ at the Intercontinental Los Angeles Downtown, Los Angeles, California. It is the 3rd visiting city of the ongoing roadshow on Bangladesh Economy and Capital Markets titled ‘The Rise of Bengal Tiger: Potentials of Trade & Investment in Bangladesh’ in the USA. BSEC is organizing a series of roadshows to demonstrate Bangladesh Capital markets and Trade & Investment opportunities globally. After successful completion in Dubai earlier this year, BSEC is conducting the roadshow in the USA now.
The summit was attended by investors and business leaders of both nonresidents Bangladeshi and foreign institutional and individual investors. Bangladeshi high-level delegation team discussed and exchanged opinions with them and showcased the robust economic growth and investment potentials of Bangladesh, especially the immense opportunities in the refurbished capital markets.
A senior team of BSEC led by its Chairman Professor Shibli Rubayat-Ul-Islam and representatives from the concerned ministries and regulatory authorities, dignitaries including the Private Industry and Investment Adviser to the HPM, Senior Secretary of Finance Division, Secretary of Ministry of Commerce, Secretary of Economic Resources Division, Executive Chairman of BIDA and Executive Chairman of BEPZA also participated the summit, along with private sector leaders and Media.
Mr. Salman Fazlur Rahman, Private Industry and Investment Adviser to the HPM said that the USA is one of the largest trade partners of Bangladesh and rather than help, investment expected from the country. He also said, “forming joint partnership company in Bangladesh is easier than many other countries. The NRBs should come forward with investment as the process of investing in Bangladesh has been made easier for them”.
In the summit, Chairman of BSEC, Professor Shibli Rubayat-Ul-Islam said that the economic capacity of the people of Bangladesh has increased significantly in the past 10 years and there is a huge market existing here. He also said, “being the strongest economy of the world, the USA has to pay huge export tariff in other countries. But a joint venture with Bangladesh can operate in the international market with less taxes since Bangladesh enjoys tax-free export facilities with many countries”.
Bangladesh government is offering many benefits and opportunities to inspire foreign investments to the country and its capital markets, which also enables the investors to ensure maximum return of their investments. It was positively demonstrated in the summit that Bangladesh is now one of the best investment destinations of the word, and the participants comprehended.
The roadshow is organized by BSEC with courtesy from Eastern Bank Ltd, Nagad Ltd. and Walton Bangladesh. American Chamber of Commerce in Bangladesh (AmCham) has closely worked with BSEC and played an important role to establish networks with USA counterparts to make it successful. Los Angeles is the 3rd visiting city that will be followed by Silicon Valley, Santa Clara.
05:00 pm to 5:30 pm
Arrival of guests and registration
05:30 pm to 05:55 pm
Welcome note by the Chair
05:55 pm to 06:40 pm
Speeches by dignitaries from different sectors
06:40 pm to 07:20 pm
Key note presentation
07:20 pm to 07:30 pm
Panel discussion and Q&A