The High Commissioner of the Maldives to Bangladesh, Shiuneen Rasheed, met with Mr Ashik Chowdhury, Chairman of the Bangladesh Investment Development Authority (BIDA), to discuss ways to enhance bilateral investment cooperation between the two countries.
The meeting explored potential areas for Bangladeshi investment in the Maldives, including information and communication technology (ICT), fisheries, tourism, infrastructure, and manufacturing. In turn, opportunities for Maldivian businesses to invest in Bangladesh were also discussed, with a particular emphasis on the tourism sector—an area of mutual interest and potential growth.
This latest engagement marks a continuation of efforts by both countries to strengthen their economic partnership. The Maldives and Bangladesh have long enjoyed warm relations grounded in shared development goals, regional cooperation, and strong people-to-people links. Bangladesh is one of the largest sources of expatriate workers in the Maldives, contributing significantly to the country’s construction and service sectors.
Diplomatic relations between the two nations have grown in recent years, particularly following President Ibrahim Mohamed Solih’s state visit to Dhaka in 2021, during which several agreements were signed in health, education, and youth development. Since then, both governments have shown renewed interest in enhancing trade and investment ties.
Bangladesh’s fast-growing economy and industrial capacity present opportunities for Maldivian businesses to diversify their investments, while the Maldives remains a key destination for tourism, fisheries, and infrastructure development—areas where Bangladeshi investors are increasingly looking to expand.
The meeting between High Commissioner Shiuneen Rasheed and Chairman Chowdhury reflects a shared intent to deepen economic collaboration, diversify bilateral engagement, and unlock new pathways for private sector growth in both countries.
