Bangladesh, Singapore set to ink deals to boost investment cooperation
March 11th, 2018 at 11:17 pm
Bangladesh, Singapore set to ink deals to boost investment cooperation

Dhaka – Bangladesh and Singapore are poised to ink more than half a dozen deals to boost bilateral cooperation as Prime Minister Sheikh Hasina and her Singaporean counterpart Lee Hsien Loong set to hold meeting on Monday, officials said.

Hasina flew to Singapore Sunday to hold the bilateral meeting to review the issues of bilateral, regional and international interest.

The issue of Rohingya crisis that unfolded between Bangladesh and neighbouring Myanmar is also expected to be featured in the discussion, an official said.

The meeting is scheduled to be held at Istana, the Singapore President’s official residence cum workplace. She is also set to call on President Halimah Yacob.

The two Prime Ministers are expected to witnesses signing of six memorandums of understanding, and an investment cooperation agreement between the International Enterprise Singapore and Bangladesh Investment Development Authority.

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Singapore Manufacturing Federation; and Metropolitan Chamber of Commerce and Industry (MCCI) and Singapore Manufacturing Federation will sign two other MoUs to strengthen business relations.

The memorandum to be signed are on public private partnership, expansion of air service agreement, digital leadership, innovation and digital government transformation.

During her visit, Hasina will visit the Port of Singapore Authority (PSA), one of the world’s largest port operators, at Alexandra Road.

The Bangladeshi Prime Minister landed in Singapore in the afternoon on a four-day official.

Singapore Senior Minister of State of the Ministry of Environment and Water Resources and the Ministry of Health Amy Khor and Bangladesh High Commissioner to Singapore Mostafizur Rahman received the prime minister at the airport.