Staff Reporter :
Visiting South African businessmen have expressed their interest to invest in setting up jewellery manufacturing factories in Bangladesh.
They have shown the interest during a courtesy meeting with the Bangladesh Jewellers’ Association (BAJUS) leaders held at its office in the capital on Wednesday.
The collaboration between the two countries will help boost the industry.
Both countries will lead the global jewellery industry with joint efforts. None will be able to hinder the growth of the sector, said African businesses.
During the meeting, African businessmen expressed their interest in investing in setting up jewellery factories in Bangladesh.
They lauded Bangladeshi artisans and said Bangladesh has a reputation for handmade jewellery.
Visiting South African delegation team lead by NokuThula Patience Ndolvu, said that Bangladesh is a developing country. There is immense potential for investment in the jewellery sector in this country.
The jewellery industry of Bangladesh will move forward if ensure the proper investment.’
During the meeting, BAJUS leaders also request to the visiting team to invest in this sector.
‘The jewellery sector of Bangladesh is progressing day by day. So we urged the South African delegation to invest in this sector,’Masudur Rahman, vice-president of BAJUS told.
‘Demand for diamond studded jewellery is increasing in Bangladesh day by day. But there are no diamond cutting factories on a large scale. So we urged the South African delegation to invest in setting up diamond cutting factories here’, Paban Kumar Agarwala, Executive Committee member of BAJUS said.
In the meeting Elisa Makwa of visiting team, M A Hannan Azad, Md Ripnul Hasan, Md Joynal Abedin, vice presidents, Mostafa Kamal, Kazi Naznin Hossain, Farida Hossain, Joint secretary, Uttom Bonik, Treasure and other members of BAJUS, were present.
Earlier, Prime Minister Sheikh Hasina has invited South African entrepreneurs to make investments in Bangladesh that seeks to become a trillion-dollar economy and a fully developed smart nation by 2041.
The Premier invites the South African investors while she was speaking at the Bangladesh Trade & Business Summit in South Africa jointly organised by Bangladesh Securities and Exchange Commission (BSEC) and Bangladesh Investment Development Authority (BIDA) at the Radisson Blu Hotel and Convention Center recently.
“We welcome investors worldwide, particularly from South Africa, to explore the numerous investment prospects within Bangladesh. This is the perfect time to acquaint yourselves with what Bangladesh offers. This is the time to know Bangladesh better and to invest in its future,” she said.
The prime minister said that over the last five decades, Bangladesh and South Africa have built a strong and friendly relationship based on mutual respect, shared values, cultural ties, and common beliefs.
She said that this bond has been strengthened by growing trade connections. Both countries have similar paths of development, making collaboration and growth feasible.
