5th January 2021
EP Report

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the Finnish entrepreneurs to set up manufacturing units in Bangladesh for the benefits of the two countries.


It also suggested them to invest in healthcare, renewable energy, sustainable forestry and smart agriculture sectors in Bangladesh.


The apex trade body made the call during a virtual discussion, styled 'Finland Bangladesh Business Event on Bilateral Trade and Investment Opportunities in the Ongoing Global Pandemic and Beyond', on Wednesday last.


The FBCCI and the Finnish Chamber of Commerce (FINNCHAM) jointly organized the event.


Addressing the event as the chief guest, Commerce Minister Tipu Munshi said that Finland is one of those European countries who first recognized Bangladesh. He observed that trade between the two countries increased steadily in recent years. Exporters of Bangladesh are eager to find more opportunities in Finland, he mentioned.


Ville Skinnari, minister, ministry of development cooperation and foreign trade of Finland, who also addressed the program, said, "Before Covid, trade between the two countries expanded slowly but steadily. "We hope we will get back to the track quickly," he said.


FBCCI president Sheikh Fazle Fahim suggested that Finnish companies, like Wärtsilä, can set up manufacturing plants in Bangladesh.


The FBCCI chief elaborated that the two countries could go for joint partnership in healthcare, renewable energy, sustainable forestry and smart agriculture for their mutual benefits.


President and CEO of FINNCHAM, Juho Romakkaniemi, said the Finnish companies are interested in looking for new business opportunities as Bangladesh is taking new steps in modernization of the economy.


President and CEO of Wärtsilä, Mr. Jaakko Eskola, who was also present, said: "We started our operation in Bangladesh in early 90's. Now we are leaders in providing components in the energy sector. In the future, we have to emphasize renewable energy."

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