The Asian Development Bank (ADB) on Wednesday hosted a Business Opportunities Seminar (BOS) in Dhaka to highlight business opportunities arising from ADB-financed and World Bank-financed projects.
The event brought together over 800 representatives from government agencies, development partners, the private sector, contractors, consultants, suppliers, and financial institutions to foster collaboration and enhance participation in development projects, according to a press release.
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The BOS provided a platform to share information on upcoming investment programs, procurement opportunities, private sector operations, and business opportunities arising from ADB and World Bank-financed projects in Bangladesh.
S.M. Moin Uddin Ahmed, CEO of the Bangladesh Public Procurement Authority and Sangita Ahmed, Senior Vice President, Bangladesh Women Chamber of Commerce and Industry also participated in the event.
Akira Matsunaga, Deputy Country Director (Officer in Charge), ADB Bangladesh Resident Mission; Jean Pesme, Division Director for Bangladesh and Bhutan, World Bank, and S. M. Jakaria Huq, Additional Secretary and ADB Wing Chief, Economic Relations Division (ERD), addressed participants during the opening session.
“Bangladesh’s development ambitions will require not only financing, but also strong partnerships and effective implementation,” said Matsunaga.
“Forums such as today’s seminar help strengthen collaboration among government, development partners, and the private sector to deliver sustainable development outcomes.”
Pesme highlighted the importance of collaboration among development partners, government institutions and the private sector in supporting Bangladesh’s next phase of development.
Huq reaffirmed the Government of Bangladesh’s commitment to transparency, fair competition, and effective implementation of development-financed projects.
The BOS served as a valuable platform for networking and knowledge sharing among stakeholders, helping participants better understand upcoming opportunities and how to engage effectively in development financed projects. ADB reaffirmed its commitment to supporting private sector participation and strengthening partnerships that contribute to Bangladesh’s sustainable, inclusive, and resilient development.