Turkish business leaders and Bangladesh's leading trade body DCCI explored new avenues for bilateral investment Wednesday as a seven-member delegation from Turkey met office bearers of the Dhaka Chamber of Commerce & Industry (DCCI) in the capital.
The delegation was led by Burak Basegmezlar, Vice President of the Turkish Electro Technology Exporters' Association (TET), and attended by Turkey’s Ambassador to Bangladesh, Ramis Şen.
Welcoming the visitors, DCCI President Taskeen Ahmed said Bangladesh and Turkey share longstanding friendly ties and expressed hope that such high-level business exchanges would give fresh momentum to bilateral trade.
He disclosed that total bilateral trade between the two countries in FY 2024–25 stood at approximately USD 1.05 billion, with Bangladesh's imports from Turkey amounting to USD 416.76 million and exports reaching USD 634.53 million. “Turkish entrepreneurs have already invested USD 74.05 million across various sectors in Bangladesh.”
Taskeen invited Turkish investors to explore both joint ventures and sole investments in sectors including readymade garments, leather and footwear, jute goods, agro-processed products, pharmaceuticals, light engineering, ICT services and software, home textiles, and consumer goods.
Basegmezlar said Bangladesh presents strong demand for electronic equipment, home appliances and generators, and noted that Turkish investors are actively interested in entering these segments through both independent and collaborative arrangements.
He announced that a Turkish business delegation from the electronics and electrical equipment sector is planning to visit Bangladesh in November, during which B2B sessions between private sector representatives of both countries would be held to unlock investment potential and deepen trade ties.
Ambassador Şen underscored the considerable scope for expanding bilateral trade and said stronger business-to-business linkages are key to realising that potential.
He noted that DCCI is well-placed to serve as an effective bridge between the private sectors of the two countries.
DCCI Senior Vice President Razeev H Chowdhury and Vice President Md. Salem Sulaiman, among others, were present at the meeting.