President of Dhaka Chamber of Commerce and Industry (DCCI) Abul Kasem Khan on Tuesday said direct flight between Dhaka and Manila will be a catalyst in enhancing bilateral trade volume between Bangladesh and the Philippines.
At present there is no direct air link between Dhaka and Manila.
He said Bangladesh is an investment hungry country and it needs huge investment especially in the infrastructure sector.
The DCCI chief invited Philippines’ entrepreneurs to invest in our infrastructure projects.
Ambassador of the Philippines to Bangladesh Vicente Vivencio T. Bandillo met DCCI President and discussed the issues.
Kasem Khan said Philippines is a successful country in exporting skilled manpower to various countries.
He proposed that we can jointly collaborate with the Philippines to establish an institution for skill development of Bangladeshi outbound manpower as there is a huge demand of skilled workforce throughout the world. He said that Philippines as well as the ASEAN region can explore the large market of 160 million people here in Bangladesh.
Kasem Khan said Bangladesh and Philippines can jointly invest in industrial manufacturing like chemicals, construction materials, machineries/transport equipment and electronic products.
Ambassador Bandillo said potential sectors in Bangladesh for Philippines entrepreneurs are information technology, business process management, travel and transport, agriculture and fisheries and processed food industry.
Technical education sharing, two-way tourism development, technological research programmes, deepening people to people connectivity are some of the areas where Bangladesh and Philippine can cooperate each other.
The envoy said Philippines can become a gateway for Bangladeshi businesses into ASEAN region.
He said investment in biotechnology tools, portable technologies, photonics and nanotechnology in Philippine will get incentives.
DCCI Vice President Riyadh Hossain, Directors Md. Alauddin Malik, Hossain A Sikder, Waqar Ahmad Choudhury, Engr. Md. Al Amin, SM Zillur Rahman, Kh. Rashedul Ahsan, Humayun Rashid and Secretary General AHM Rezaul Kabir were also present.unb