A three-day Indonesia trade fair began in capital Dhaka on Thursday.
The Indonesian embassy in Dhaka is holding the trade fair at International Conventional City, Bashundhara in the capital.
The fair will remain open from 11:00am to 8:00pm.
Indonesian ambassador Rina Prihtyasmiarsi Soemarno said, ‘This fair will encourage Indonesian entrepreneurs and companies to expand their business in Bangladesh.’
At the event, more than 40 exhibitors will display a wide range of Indonesian consumer and industrial goods and services.
The event also includes business and networking programmes, B2B business matching sessions, fashion shows and cultural programmes.
‘We have organised the fair to achieve more visibility in Bangladesh and to encourage Indonesian entrepreneurs and companies to expand their businesses to Bangladesh.’
Soemarno said around 75 businesspeople from Indonesia were present at the fair and some of them were from Garuda Maintenance Facility, PT INKA, and state-run company PT Pertamina, and Indonesia Railway Consortium.
Bangladesh commerce secretary Md Mofizul Islam as chief guest said that Indonesia and Bangladesh should do something to minimise the trade gap between the countries.
He assured the businesses of Indonesia that Bangladesh was the right place to make investment as labour cost in the country was very low, and people and the government were very much supportive of the business community.
Indonesia foreign affairs ministry secretary general Mayerfas said, ‘In 2018, the total trade value between Bangladesh and Indonesia reached nearly $2 billion with an increase by 80 per cent compared with that of the year 2016.’
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