Bangladesh Investment Authority Hosts Major Investment Seminar in Istanbul

The Bangladesh Investment Development Authority (BIDA) recently organized a significant investment seminar in Istanbul, titled “Gateway to Growth: Invest in Bangladesh,” aimed at fostering deeper economic collaboration between Turkish companies and Bangladesh’s expanding market. The event, hosted at the Delta Hotels by Marriott in Istanbul’s Levent district, brought together representatives from over 30 Turkish firms actively investing or interested in tapping into Bangladesh’s promising economy.

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Key figures from BIDA, including Nahian Rahman Rochi, emphasized opportunities across textiles, electronics, and renewable energy sectors. Rochi pointed out that current favorable conditions in exports, currency stability, and inflation present an ideal time for foreign investors to enter Bangladesh. He also highlighted BIDA’s One Stop Service, which provides comprehensive support from advice to factory setup, removing many entry barriers.

Executives from Turkish firms like Arçelik, which owns Singer Bangladesh, shared their positive experiences. Barış Alparslan, Arçelik’s CFO, focused on developing a strong local supply chain and investing in workforce skills for sustainable growth. Similarly, Aygaz’s assistant general manager, Ercüment Polat, mentioned their expanding operations supported by BIDA, employing over 200 people and reaching nearly 3 million through their distribution network.

The event, hosted with the cooperation of the Bangladeshi Embassy in Türkiye and the MÜSİAD business association, was supported technically by the IFC of the World Bank. Remarks from MÜSİAD board member Muhammet Huzeyfe Güllüoğlu and Bangladesh Consul General Muhammad Mizanur Rahman reflected growing economic ties and optimistic future collaboration between Türkiye and Bangladesh.

The seminar was part of a broader delegation visit led by BIDA Executive Chairman Ashik Chowdhury, accompanied by senior officials from relevant Bangladeshi economic institutions. They held Government-to-Business meetings with key Turkish conglomerates, and efforts are underway to institutionalize cooperation with industry bodies like TÜRKONFED, aiming for long-term private sector partnerships between the two countries.

This seminar marks a pivotal step towards expanding cross-border economic engagement and unlocking growth opportunities in South Asia’s rapidly evolving marketplace.