Singapore has expressed its intention to expand trade and investment in Bangladesh. The announcement came during a courtesy meeting between Singapore’s non-resident High Commissioner Derek Loh and Bangladesh’s Commerce Minister Khandaker Abdul Muktadir at the Secretariat on Tuesday. Discussions covered reducing the bilateral trade deficit, increasing Singaporean investment, cooperation in renewable energy, agricultural exports, food security, and environmentally friendly industries.
Minister Muktadir said Bangladesh is eager to strengthen trade and investment relations with Singapore, highlighting the country’s investment-friendly environment, improved infrastructure, skilled workforce, and export-oriented industries. He noted that there are significant opportunities for cooperation in agriculture, food processing, renewable energy, logistics, port infrastructure, and green industries.
High Commissioner Loh emphasized Singapore’s interest in major projects such as the Bay Terminal, describing it as a key initiative involving an investment of around USD 800 million to 1 billion. He said the project would enhance port efficiency, reduce demurrage costs, and create new opportunities for exporters, while also helping to attract further foreign investment.
অর্থনৈতিক রিপোর্টার প্রকাশ : ১৯ মে ২০২৬, ১৬: ৪৭ বাংলাদেশে বাণিজ্য ও বিনিয়োগ বাড়াতে চায় সিঙ্গাপুর। মঙ্গলবার সচিবালয়ে বাণিজ্যমন্ত্রী খন্দকার আব্দুল মুক্তাদির এর অফিস কক্ষে তার সঙ্গে সিঙ্গাপুরের অনাবাসিক হাইকমিশনার ডেরেক লো সৌজন্য সাক্ষাৎকালে এ আগ্রহের
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