A high-level delegation from Bangladesh arrived in the Republic of Korea (ROK) today for a five-day strategic mission with the goal of boosting institutional cooperation and luring foreign direct investment (FDI). The delegation was led by Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of the Bangladesh Investment Development Authority (BIDA).
According to a press statement, the visit, which is set for October 20–24, aims to boost Bangladesh’s quickly expanding economy by utilizing South Korea’s technological know-how and investment appetite.
The delegation includes senior officials from key government bodies, including the Bangladesh Economic Zones Authority (BEZA), the Bangladesh Export Processing Zones Authority (BEPZA), and the National Board of Revenue (NBR). The mission is being facilitated with technical support from the International Finance Corporation (IFC), World Bank Group.
During the visit, the team will hold a series of Government-to-Business (G2B) meetings from October 21-23, engaging major Korean conglomerates? Discussions will focus on investment opportunities in electronics, shipbuilding, power generation, textiles, chemicals, and heavy construction.
In addition to interacting with investors, the group will take part in Government-to-Government (G2G) talks, which will include a confirmed meeting to discuss bilateral economic cooperation with the Deputy Minister of the Ministry of Trade, Industry, and Resources (MOTIE). Recent trade policy issues and the proposed Comprehensive Economic Partnership Agreement (CEPA) between Bangladesh and Korea are important subjects.
BIDA and the Bangladesh Embassy in Seoul, in collaboration with the Federation of Korean Industries (FKI), will co-host the “Gateway to Growth: Invest in Bangladesh” seminar in Seoul on October 21 to showcase the visit.
The seminar will showcase Bangladesh’s investment readiness and feature insights from established Korean investors, including Youngone Corporation, emphasizing successful investment stories and long-term collaborations.
Nahian Rahman Rochi, Head of Business Development at BIDA, said, “South Korea is one of Bangladesh’s most valued economic partners. We aim to present Bangladesh as a strategic manufacturing and export hub for Korean investors. Our dual focus is on forging partnerships with leading high-tech companies and advancing high-level policy dialogue with MOTIE to enhance market access and economic integration.”
The delegation will also participate in institutional development activities supported by IFC, aimed at strengthening BIDA’s capacity to deliver investment promotion services and facilitate investor engagement.
