Finnish company wants to set up plastic recycling plant in Cox’s Bazar

A Finnish company is interested in setting up a plastic recycling plant in Cox’s Bazar to make plastic sheets, while Finnish businessmen are keen to invest more in Bangladesh.

“A Finnish plastic recycling company is interested in recycling single-use plastic in Cox’s Bazar and turning it into plastic sheets, which can be used in the shelters in the Rohingya camps,” said Kimmo Lahdevirta, Non-Resident Ambassador of Finland to Bangladesh when he called. on Principal Advisor Professor Muhammad Yunus at his office in Tejgaon yesterday.

The Chief Advisor’s Deputy Press Secretary Abul Kalam Azad briefed reporters at the Foreign Service Academy after the meeting.

During the meeting, the student-led mass revolution, the interim government’s reform initiatives, trade, investment and regional geopolitical issues were discussed.

The ambassador expressed his government’s full support for the interim government led by Prof. Yunus and wanted to contribute to the country’s reforms.

Ambassador Lahdevirta said the Finnish government would grant EUR 1 million to the Rohingyas in Bangladesh and another EUR 1 million would be channeled through civil society.

Prof Yunus spoke about the student revolution and the work of the reform committees and the aspirations of his government.

He said Bangladesh’s economy was in shambles when Hasina fled the country, but quick and tough reform measures have already helped stabilize the situation.

“Reserves are growing,” and the government has started making international payments without dipping into foreign exchange reserves, he added.

He said he has taken steps to revive SAARC in a bid to boost regional cooperation.

The envoy said that more Finnish businessmen are keen to visit Bangladesh with investments and called for faster processing of FDI (foreign direct investment) by the Bangladesh Investment Development Authority (BIDA).

He also shared the interest of the Finnish side in recruiting Bangladeshi students and skilled workers in their country and building capacity in AI, cybersecurity and quantum computing sectors.

The Chief Advisor assured the Ambassador of all possible cooperation from the Government of Bangladesh in the discharge of his duties.