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54-member Taiwan trade team arrives today

UNB, Dhaka
A big band of Taiwanese businesspeople arrives here today to explore Bangladesh market for their products while another small investors' group coming the same day to follow up their investment interestshere.
The trade delegation, comprising entrepreneurs and representatives from 54 manufacturing and trading companies - 32 from textile and clothing sector and 22 from various industries - is scheduled to arrive at 10:30pm.
The 7-member Investment delegation would also arrive here tonight by a separate flight, officials at the Dhaka office of Taiwan Trade Centre (TTC) said.
Led by Taiwanese vice minister for Economic Affairs Chii Ming Yiin, the trade delegation is scheduled to organise a two-day "Business Matching Meeting" at Sonargaon Hotel Monday-lUesday aiming to sell their products in Bangladesh.
During their three-day tour, they are scheduled to hold talks with Bangladesh Textile Mills Association (BTMA), BEPZA executive chairman, Board of Investment (BOI) executive chairman and Chittagong Chamber of Commerce and Industry (CCCI).
The team will leave Bangladesh on Wednesday morning soon after their meeting with BOI executive chairman.
During the four-day stay, the investment delegation from Taiwan Garment Industry Association would visit Dhaka EPZ and a Taiwanese company in the zone, Ring Shine Textiles, on Monday. They would also visit Beximco Textile factory and Knit Asia factory
on the same day.
The investors from the treasureisland are also scheduled to visit Chittagong EPZ and see for themselves the facilities of the exclusive production zone's factories, mainly of Korean YoungOne Corporation, and also visit two garment factories there onlhesday.
"The main focus of the trip of the small investment group would be meetings with Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and BTMA as they are looking for investment opportunities in the textile and clothing sector in Bangladesh," said aTTC official.
Earlier, he said, an investment delegation had visited the Adamjee Jute Mills and Chittagong Steel Mills premises and Dhaka and Chittagong EPZs for a firsthand view of the invest prospects. They had also talks with BOI and EPZ authorities about their investment interest.
TheTaiwanese delegation leader, Yiin, also led another 18-membcr delegation in October when he had told a BTMA meeting that they came here for a pre-investment feasibility study as they eye Bangladesh’s easily trainable cheap workforce and concessional market access.
They had apprised the meeting of the coming mission to shape up business with Bangladesh.
BTMA and Taiwan Textile Federation (Tl’F) signed a cooperation deal on the occasion, on October 3, to develop textile industry of both the countries.
The BTMA and Taiwan Textile Research Institute (TTRI) also signed another cooperation agreement on September 21 this year when a BTMA delegation visited Taiwan.