Amu for joint ventures with India in technological sector
Invest Tripura: A Business Meet in Agartala
BSS
Industries Minister Amir Hussian Amu on Saturday said Bangladesh and India could take joint initiatives in technology-based medium and large scale industries for mutual benefit, reports BSS.
The minister was addressing the inaugural session of the Invest Tripura: A Business Meet at Prajna Bhavan auditorium in Agartala where Chief Minister of Tripura Manik Sarkar was the chief guest.
Minister for Development of North-Eastern Region (DoNER) Dr Jitendra Singh and Industries and Commerce Minister of Tripura Tapan Chakraborty also spoke at the inaugural function.
Amu said effective partnership in medium and large scale technology based industries would help strengthen bilateral trade and investment between the two neighbouring countries, according to an official release issued here yesterday. This would also help reduce the trade imbalance between the two countries, the minister told the conference.
Associated Chamber of Commerce and Industries of India (ASSOCHEM) and government of Tripura jointly organised the conference to promote investment in the state and showcase the strength of Tripura.
Calling upon the Indian entrepreneurs for taking advantage of the congenial industrial climate in Bangladesh, Amu said the government had also been giving priority to improve connectivity with the North East and other parts of India, which would help boost bilateral trade and investment.
Besides, he said investors in Bangladesh
would have a golden scope to harness the markets in India, European Union and Japan if SAFTA comes into effect.
The minister, however, suggested modernisation of port and custom facilities to remove the bottlenecks in bilateral trade.
Referring to the initiatives of setting up 100 Economic Zones (EZs), the minister said investors from overseas including from India would have vast and very favorable scope for investing in various sectors once the EZs are established.
The sectors would include telecom, ICT, shipbuilding, leather and leader goods, ceramic, plastic, automobile, renewable energy and agro processing industries, Amu said.
Manik Sarkar told the conference that investors from the two countries could join hands as all geographical weaknesses turned into opportunity, with increasing and strengthening connectivity.
