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BIDA Executive Chairman Leads Strategic Mission to South Korea

BIDA Executive Chairman Leads Strategic Mission to South Korea

BIDA Executive Chairman Leads Strategic Mission to South Korea

Oct 20, 2025

A high-level delegation from Bangladesh, led by Ashik Chowdhury, Executive Chairman  of the Bangladesh Investment Development Authority (BIDA), arrived in the Republic of Korea (ROK) today (October 20, 2025) for a five-day strategic mission aimed at attracting foreign direct investment (FDI) and enhancing institutional cooperation.

The visit, scheduled from October 20-24, seeks to leverage South Korea’s technological expertise and investment appetite to support Bangladesh’s rapidly growing economy.

The delegation includes key officials from BIDA, the Bangladesh Economic Zones Authority (BEZA), the Bangladesh Export Processing Zones Authority (BEPZA), and the National Board of Revenue (NBR). The mission is being facilitated with technical support from the International Finance Corporation (IFC), World Bank Group.

During the visit, the team will hold a series of Government-to-Business (G2B) meetings from October 21-23, engaging major Korean conglomerates. Discussions will focus on investment opportunities in electronics, shipbuilding, power generation, textiles, chemicals, and heavy construction.

Alongside investor engagement, the delegation will participate in Government-to-Government (G2G) discussions, including a confirmed meeting with the Deputy Minister of the Ministry of Trade, Industry and Resources (MOTIE) to explore bilateral economic cooperation. Key topics include the proposed Korea-Bangladesh Comprehensive Economic Partnership Agreement (CEPA) and recent trade policy matters.

The visit will be highlighted by the “Gateway to Growth: Invest in Bangladesh” seminar in Seoul on October 21, co-hosted by BIDA and the Bangladesh Embassy in Seoul, in partnership with the Federation of Korean Industries (FKI). The seminar will showcase Bangladesh’s investment readiness and feature insights from established Korean investors, including Youngone Corporation, emphasizing successful investment stories and long-term collaborations.

Nahian Rahman Rochi, Head of Business Development at BIDA, said, “South Korea is one of Bangladesh’s most valued economic partners. We aim to present Bangladesh as a strategic manufacturing and export hub for Korean investors. Our dual focus is on forging partnerships with leading high-tech companies and advancing high-level policy dialogue with MOTIE to enhance market access and economic integration.”

The delegation will also participate in institutional development activities supported by IFC, aimed at strengthening BIDA’s capacity to deliver investment promotion services and facilitate investor engagement.

Name

Role

Mr. Ashik Chowdhury, Executive Chairman, BIDA and BEZA

Convener

Chairman, National Board of Revenue

Member

Secretary, ICT Division

Member

Mr. Mohammed Enayetur Rahman, CEO, Ulka Semi

Member

Mr. Istak Ahmmed, Chairman, Prime Silicon Technology (BD) Ltd

Member

Mr. M.A. Jabbar, Managing Director, Neural Semiconductor Ltd

Member

Prof. Dr. A. B. M. Harun-ur-Rashid, Head of Department, Electrical and Electronic Engineering, BUET

Member

Maj Gen. Md. Nasim Parvez, Commandant, Military Institute of Science and Technology (MIST)

Member

Prof. Syed Mahfuzul Aziz, Pro-VC, BRAC University

Member

Mr. Mashuk Rahman, Founder, Green Quest, USA

Member

Mr. Mustafiz Choudhury, Semiconductor Expert, Silicon Valley

Member

Mr. Zahirul Alam, Executive Director, Integrated Development Foundation (IDF)

Member

Mr. Nahian Rahman Rochi, Head of Business Development, BIDA

Member Secretary