Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Dr. Shibli Rubaiyat-ul-Islam said: Once electronics products were imported to meet the local demand but Walton is now producing these products in Bangladesh and currently meeting about 70 percent of the demand in the local refrigerator market. Moreover, Walton products are being exported to different countries. Bangladesh is now not only the second largest exporter of readymade garments in the world but also exports various products including electronics goods manufactured by Walton.
Professor Dr. Shibli Rubaiyat-ul-Islam came up with the comment at a function titled ‘Investment Flash Mob: Networking Dinner’ held at the Hotel Intercontinental in Dubai Festival City on Wednesday (March 9, 2022).
The purpose of the event is to present the scenario of the overall progress of Bangladesh to the world business leaders and also to showcase the strength and opportunities of business and investment in Bangladesh for the investors abroad. The BSEC is attracting expatriate and foreign investors to invest in various sectors including the stock market in Bangladesh through this event. Electronics and tech giant Walton has sponsored the function. Various institutional and individual investors and stake holders joined the event.
Prime Minister`s Private Industry and Investment Adviser Salman F Rahman was present as the chief guest at the event while Bangladesh Investment Development Authority (BIDA) executive chairman Mohammad Sirajul Islam and Sheikh Yusuf Harun, executive chairman of the Bangladesh Economic Zones Authority or BEZA were especial guests.
Head of Corporate Sales of Walton Hi-Tech Industries PLC Md. Sirajul Islam, Walton Refrigerator’s Chief Business Officer Engineer Anisur Rahman Mollick, Additional Operative Director Rabiul Islam Milton and other high-ups from government and non-government organizations were present in the program.
Speaking at the function as Chief Guest, Salman F Rahman said: Now, we are going into the era of fourth industrial revolution. In this era of technology, we have been able to create a very robust infrastructure. We have a fiber optic backbone up to the village level and thus Bangladesh today is a digitalized country. Now, you (investors) can form a corporate company through using mobile phone. At present, Bangladesh has become a best suitable place for investment.
The guests attended from Bangladesh spoke on behalf of institutional and individual investors from different sectors in the event.
Speaking in the ‘Vote of Thanks’ session, Walton Refrigerator’s CBO Anisur Rahman Mollick said: Over a decade, we are having tremendous success in all sectors following the visionary leadership of our Prime Minister Sheikh Hasina. As industry people, we have witnessed huge industrial development in our country. We have seen stable growth in all arenas including GDP, per capita income, export, remittance earnings and all aspects of living standards. Even, Bangladesh is doing very well during corona pandemic. We can find a lot of examples in various industry sectors towards the development and economic growth of the country.
He said that the government’s business and industry-investment friendly policies led Bangladesh to become self-reliant in electronics sector. Walton is now exporting those products in various countries all over the world. We (Walton) are now eying to become one of the top 5 global brands by 2030.
Mentionable, another Investment Flash Mob will be held at the Emirates Palace Hotel in Abu Dhabi at 8:30pm Bangladesh Time on Thursday.