Dhaka      Friday, 10 January, 2025
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Chief Adviser urges Turkey to relocate industries to Bangladesh

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09 January 2025, 9:32 PM

Dhaka, Bangladesh Global: Chief Adviser Professor Muhammad Yunus today urged Turkey to bring their technology to Bangladesh, invest more, relocate factories, and use Bangladesh's youth forces. The Chief Adviser made the call when a delegation, led by Turkish Trade Minister Prof Dr Omer Bolat, called on him at the State Guest House Jamuna here this evening. Mentioning Bangladesh as the 8th most populous country in the world, Prof Yunus said the interim government was working to create work opportunities for the country's youths and sought Turkey's help in this regard.

"We have to give our young people an opportunity, so we want your help; this is my appeal to your country," he said. "Use our young people to run your factories here so that you can supply your products in the region," he said. The Chief Adviser said Bangladesh and Turkey have the potential to build a dream relationship through mutual cooperation in various fields. "The relationship between Bangladesh and Turkey is very warm; we want to build it in all sectors," he said.

"There are so many things to be done . . . we want your support, your technology, and your investments," Prof Yunus said. "You are the leader of the technology; you can build your defence industry here. Let's make a beginning... we are available for anything that you need," he added.

Turkey Trade Minister Prof ™mer Bolat said Bangladesh and Turkey can diversify their cooperation beyond the textile industry, which was their primary import from Bangladesh. He said there can be economic cooperation in the field of defence industry, healthcare, pharmaceuticals and farm machinery. "We can replace India and other markets in Bangladesh's imports. There can be cooperation in economic and social fields at all levels," he said.

The Turkey minister also said Bangladesh and Turkish universities can have reciprocal cooperation. Bangladesh's exports to Turkey stood at around US$ 581 million in 2023-24, while imports were around US$ 424 million. Now nearly 20 large Turkish companies are operating in Bangladesh in garments and textiles, accessories, chemicals, engineering, construction, and energy sectors.

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