Dhaka,  Saturday
18 January 2025

South African businessmen keen to invest in Bangladesh’s jewellery industry

Sputnik

Published: 21:03, 13 March 2024

South African businessmen keen to invest in Bangladesh’s jewellery industry

Photo: Collected

South African businessmen have shown keen interest to invest in the jewellery industry of Bangladesh.

South African business delegation visiting Dhaka expressed this interest in a meeting with the executive committee of Bangladesh Jeweller's Association (Bajus).

The meeting was held at the Bajus office on Wednesday (13 March).

Nokuthula Noki Ndlove, a member of the South African delegation, said that Bangladesh is a developing country and there is immense potential for investment in the jewellery sector.

Bangladesh's jewellery industry will progress if properly invested, she added.

Bajus Vice President Masudur Rahman said that the jewellery sector in Bangladesh is progressing day by day.

He urged the South African delegation to invest in this sector.

BAJUS executive committee member Pawan Kumar Agarwala said that the demand for diamond-studded ornaments in this country is increasing gradually. "But there is no diamond-cutting factory on a large scale."

He urged the South African delegation to invest in setting up diamond-cutting factories with immense potential.

Messenger/Mumu