Singapore delegation meets BGMEA President to explore bilateral trade,  investment opportunities  | Business

Singapore delegation meets BGMEA President to explore bilateral trade,  investment opportunities 

DHAKA, Nov 27, 2023 (BSS) – A high-level delegation from the Singapore 

Ministry of Trade and Industry (MTI), Enterprise Singapore (ESG), and the 

Singapore Port Authority (PSA) met with Faruque Hassan, President of the 

Bangladesh Garment Manufacturers and Exporters Association (BGMEA), at the 

BGMEA Complex in the capital today.

The delegation was led by Sheela Pillai, ChargŠ d’Affaires at the Singapore 

High Commission in Dhaka, the delegation included key officials such as Dr 

Francis Chong, Senior Director (Emerging Markets) MTI; Ms. Audrey Tan, 

Director, Global Markets (South Asia), ESG; Uma Muniandy, Deputy Director 

(Emerging Markets) MTI; Vann Ang, Senior Assistant Director (Emerging 

Markets) MTI; Arjun Jayaraman, Assistant Director (Emerging Markets) MTI; 

Alfred Sim, Vice President, Lim Wei Chiang, Assistant Vice President, and 

Mohammad Abdullah Jahir, Deputy Country General Manager from Singapore Port, 

said a press release.

From BGMEA, Shahidullah Azim, Vice President; Miran Ali, Vice President; Asif 

Ashraf, Director, Neela Hosna Ara, Director; Shovon Islam, Chair of Standing 

Committee on Press, Publication and Publicity; and Mohammad Kamal Uddin, 

Chair of Standing Committee on Trade Fair were present at the meeting. 

The objective of the meeting was to explore avenues for expanding trade and 

investment collaboration between Bangladesh and Singapore. The delegation 

emphasized the importance of supporting and collaborating on the development 

of infrastructure and logistics, particularly enhancing the capabilities and 

efficiency of ports in Bangladesh to facilitate seamless export-import 

activities.

BGMEA President Faruque Hassan highlighted Bangladesh’s expanding economy and 

its increased focus on infrastructural development to meet the growing 

demands of trade and industries. 

Improved infrastructure along with investment friendly support provided by 

the government has led to the growing interest of foreign investors. 

Faruque suggested that Singaporean investors could consider investing in 

different emerging sectors of Bangladesh like textile machinery, man-made 

fiber and technical textiles, recycling industry, light engineering, and 

shipbuilding.

He also pointed to the potential of Singapore as a potential market for 

Bangladeshi garment exports, calling on their support in exploring the market 

opportunities.

The meeting concluded with mutual optimism and a commitment to further 

explore concrete steps that will contribute to the growth of garment trade 

between Bangladesh and Singapore.