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Dhaka has potentials to attract vast Korean investment

IBFB tells business forecasts with Korean entrepreneurs

Hafizur Rahman Khan, President of the IBFB (3-R), seen with the members of an IBFB business delegation, in Korea recently. Bangladesh has potentials to attract huge Korean investment here as a large number of established companies of that country are now making move to expand and relocate their businesses in different countries, especially in the South Asia. And many of the Korean companies are giving top priority to Bangladesh in expanding their businesses as well as relocating their industries and sharing high-tech machineries and technologies. A delegation of the International Business Forum of Bangladesh (IBFB) who recently returned from South Korea after a week-long visit made the view. IBFB President Hafizur Rahman Khan, who led the delegation, said in a press statement, there is huge potentials for Bangladeshi entrepreneurs for availing new business opportunity with South Korean businessmen in the near future. During the visit, an eight-member business delegation from the IBFB attended an international trade exhibition on Korean Machineries jointly hosted by the Korean Ministry of Trade, Industry & Energy and Korea Association of Machinery Industry. Korea Trade-Investment Promotion Agency (KOTRA) organised the exposition in Siheung, Gyeonggi-do in Korea recently. The delegation has had fruitful meetings there with Jung Sik Cho, Member of Parliament of Korea, Jaehong Kim, President and CEO of KOTRA, Y. U. Tak, CEO of Korea Machinery Auction and Exchange (KOMAX) and Hong-Joong Kim, Team Manager of KOMAX. Directors and Members of IBFB, Md. Ali Deen, Syed Mustafizur Rahman, Syed Enamul Haque Murad, Payer Mohammed, Mayeen Uddin Mahmud Chowdhury, M. A. Ashraf Khan and Amid Sakif Khan are the other delegation members.