Turkey to invest in Bangladesh’s tourism sector

Published: 23 Nov 2019   

Online Desk

Turkey has expressed its interest to invest in Bangladesh’s tourism sector.

Turkish Minister of Culture and Tourism Mehmet Nuri Ersoy expressed such interest during a meeting with Finance Minister AHM Mustafa Kamal at Ankara recently, said a Finance Ministry press release.

Accepting an invitation extended by the Finance Minister, the Turkish Culture and Tourism Minister said he hoped to visit Bangladesh at the beginning of the next year.

Nuri said he would visit Cox’s Bazar to explore the potentials for investing in Bangladesh’s tourism sector side by side also expressed his interest to meet Prime Minister Sheikh Hasina.

The Turkish Minister also informed that he would convince his country’s investors to invest in Bangladesh’s various sectors including in agriculture, industries and SME sectors.

Lauding highly the socio-economic development of Bangladesh in various sectors, Nuri said that Bangladesh is a ‘rising economic star’. “The relationship between Bangladesh and Turkey is very good although the trade relations hasn’t got such momentum. So, our efforts will continue to boost the trade relations,” he added.

The Finance Minister said there is a good opportunity in Bangladesh to make profit in a larger volume since the country offers the best investment-friendly environment and very attractive stimulus for the investors among the South Asian countries. “Besides, there is also an opportunity to take benefit from the demographic dividend that the country will enjoy till 2030.”

Kamal said the geographical location of Bangladesh has turned the country into a center of regional communication, foreign investment and global outsourcing.

Later, a joint communique was signed between Bangladesh and Turkey to boost bilateral trade and economic cooperation. Finance Minister AHM Mustafa Kamal and Turkish Culture and Tourism Minister Mehmet Nuri Ersoy signed the joint communique on behalf of their respective sides.


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