It was a privilege and honor to get the invitation to an insightful event by the American Chamber of Commerce in Bangladesh (AmCham), where the spotlight was on the International Finance Corporation (IFC) and its pivotal role as a development partner in Bangladesh. The gathering brought together influential business leaders, media representatives, and foreign dignitaries, creating a dynamic platform to discuss crucial topics shaping Bangladesh’s growth. Among the esteemed attendees was Folia Water Global Inc. CEO & Cofounder, Mohammed Rashed, along with many other distinguished business leaders.
The event brought to the forefront essential topics for discussion, highlighting the praiseworthy endeavors of the IFC – International Finance Corporation in bolstering the country’s capital market despite initial challenges in the bond market. Emphasis was placed on the importance of adopting a data-driven approach, while also acknowledging the vital contribution of the private sector in propelling economic growth, especially through its active engagement in infrastructure development.
Folia Water Global extends its gratitude to AmCham for organizing this informative event and to IFC for their dedication to promoting sustainable economic growth and poverty reduction through investments in the private sector. Mr. Martin Holtmann, Country Manager – Bangladesh, Bhutan, & Nepal – IFC was the keynote speaker at the event. He was talking about why IFC is in Bangladesh and how they can help innovative entrepreneurs in Bangladesh and guide the private sector transition into an all-inclusive socio-economic powerhouse on par with international standards and help them roll out projects in all the critical sectors of the economy; and, what to expect and what not to expect from IFC as a client they have invested around $43 billion in all its countries of operations (in around 100 countries) and has invested about $7 billion in Bangladesh to date (and there is more in the pipeline).
Mr. Martin emphasized IFC’s (International Finance Corporation) presence in Bangladesh as a ‘Stamp of Approval’ to all investors worldwide, signaling the potential of Bangladesh in the global economy as a significant trade and investment partner not limited to South Asia and South East Asia only.
