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Singapore companies willing to invest in Bangladesh

Photo: Courtesy.

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“Despite the recent political changes, we believe in the long-term potential of Bangladesh,”

Staff Correspondent

Publisted at 5:35 PM, Thu Dec 12th, 2024

Grace Fu, Singapore’s Minister for Sustainability and the Environment and Minister in Charge of Trade, has said many Singaporean companies have an interest in investing in Bangladesh. 

Fu made the comments when Lutfey Siddiqi, Bangladesh Special Envoy for International Affairs, called on her at her office on Wednesday. 

“Despite the recent political changes, we believe in the long-term potential of Bangladesh,” FU said in a message posted on her verified Facebook page.

“Many Singapore companies are operating or have interest to invest in Bangladesh, particularly in sectors such as infrastructure and logistics.

“The Singapore government will continue to support companies that wish to invest in Bangladesh.

“I look forward to deepening our economic linkages, as well as to explore ways to bring our people closer together.

Bangladesh and Singapore share warm and longstanding bilateral ties built over 50 years of diplomatic relations since 1972.

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