South Africa interested in investing in jewelery industry

In a meeting with Bangladesh Jewellers Association (BJA), South African businessmen have expressed their interest to invest in the jewelery industry of Bangladesh.

The BJA Executive Committee meeting with the South African business delegation was held on Wednesday (March 13) at the BJA office.

Members of the delegation said there is a huge potential in the jewelery sector in Bangladesh. South Africa can invest in the sector in Bangladesh. This will increase the business relationship between the two countries.

Nokuthula Noki Ndlovu, a member of the South African delegation, said that Bangladesh is a developing country. There is immense potential for investment in the jewelery sector in this country. The jewelery industry of Bangladesh will progress if proper investment is made.

BJA vice-president Masudur Rahman said that the jewelery sector in Bangladesh is progressing day by day. So, he urged the South African delegation to invest in this sector.

BJA executive committee member Pawan Kumar Agarwala said, “The demand for diamond studded ornaments in this country is increasing day by day. But there is no diamond cutting factory on a large scale. I therefore urge the South African delegation to invest in setting up diamond cutting factories.”

Elisa Makwa was present in the delegation of South Africa in the meeting. The BJA delegation included vice-presidents MA Hannan Azad, Md Ripnul Hasan, and Md Zainal Abedin, Mustafa Kamal, Kazi Naznin Hossain, Farida Hossain, treasurer Uttam Vanik, executive committee members Pabitra Chandra Ghosh, Narayan Chandra Dey, Md Mujibur Rahman Khan, Jaydev Saha, Md Salam, and Md Ali Hussain.