DCCI seeks greater Turkish investment, trade collaboration
The Dhaka Chamber of Commerce and Industry (DCCI) has urged Turkish entrepreneurs to enhance investment and trade collaboration with Bangladesh, highlighting the country's growing economic potential and investor-friendly opportunities. The call came today during a bilateral trade discussion held at the Gulshan Centre in the city between DCCI office bearers and a seven-member business delegation from Turkiye led by Burak Basegmezlar, Vice President of the Turkish Electro Technology Exporters' Association (TET). The ambassador of Turkiye to Bangladesh, Ramis Sen, also attended the meeting, said a press release.
Speaking at the event, DCCI President Taskeen Ahmed said that Bangladesh and Turkiye enjoy longstanding friendly relations, adding that stronger business-to-business engagement can significantly boost bilateral trade and investment in the coming years. He informed that bilateral trade between Bangladesh and Turkiye during FY 2024-25 stood at around USD 1.05 billion, while Turkish investment in Bangladesh has already reached US$74.05 million across different sectors.
He urged Turkish investors to undertake both joint venture and independent investments in Bangladesh's high-potential sectors, including readymade garments, leather and footwear, jute goods, agro-processed products, pharmaceuticals, ICT services and software, light engineering products, home textiles, and consumer goods. Taskeen Ahmed also emphasized the importance of expanding cooperation in the electronics and electrical equipment sectors, stating that increased Turkish participation would help diversify Bangladesh's industrial base and strengthen technology transfer and industrial capacity.
Burak Basegmezlar said that there is strong demand in Bangladesh for electronic equipment, home appliances, generators, and related products, adding that Turkish investors are keen to explore investment opportunities in these sectors. He informed that a delegation of Turkish entrepreneurs from the electronics and electrical equipment sector is scheduled to visit Bangladesh in November this year for bilateral discussions and B2B meetings with local businesses.
Ambassador Ramis Sen said that there is substantial untapped potential in Bangladesh-Turkiye trade relations and stressed the need for closer private sector cooperation between the two countries. He also mentioned that DCCI can play an important role in strengthening economic and commercial ties between Bangladeshi and Turkish businesses. DCCI Senior Vice President Razeev H Chowdhury and Vice President Md. Salem Sulaiman, among others, were present at the meeting.
