Commerce and Industries Minister Tofail Ahmed has urged the Pakistani entrepreneurs. particularly those of Karachi, to invest in Bangladesh, saying such ventures will be beneficial for both the countries, reports UNB.

Tofail made this call at a meeting with leaders of Pakistan Chamber of Commerce and Industries, entrepreneurs, industrialists, political leaders and journalists at Karachi Saturday night.

A number of Bangladeshi

businessmen. including Salman F Rahman, attended the meeting organised by Bangladesh-Pakistan Friendship Association, according to a message received here.

The minister cited textile, cement, small power plants, jute plants, sugar and fertilizer as the prospective sectors for investment.

He mentioned that investors of Karachi had past experience as they had invested in Bangladesh before independence.

Calling for investment in Joint-venture industries. Tofail said Bangladesh as a least developed country enloys duty-free access of its products in the EC countries including USA and Canada.

Presided over by Chairperson of the Association Barrister Shahida Jamil, the meeting was addressed, among others, by Governor of former West Pakistan Yusuf Harun and State Minister for Power and Water Resources of Karachi Halim Siddiky.