Small to large business communities from UK Tower Hamlets will collaborate closely with the development organization, UDDIPAN / UDDIPAN Renewable Energy Limited, in various sectors, including technology, manufacturing, and hospitality. Additionally, representatives from both countries will form business partnerships in the IT and ready-made garments (RMG) industries. During a recent bilateral meeting, local government officials and business leaders from Tower Hamlets designated UDDIPAN /UREL as the authorized manufacturer and producer for their existing importers and traders in Bangladesh.
UDDIPAN /UREL has engaged in several discussions with the UK Parliament, London’s IT hub “Level39,” and the local government of Tower Hamlets. These meetings were attended by prominent individuals such as Sam Tarry MP, House of Commons, London, England; Councillor Abdul Mannan, Chairman, Housing & Regeneration Scrutiny Sub Committee; Mr. Nazir Alam, Chairman of UDDIPAN Renewable Energy Ltd; Dr. Mihir Kanti Majumder, Chairman of UDDIPAN; Mr. Md. Nazrul Islam Khan, Board Member of UDDIPAN; and Mr. Md. Mahbubur Rahman, Board Member of UDDIPAN; Councillor Mohammed Maium Miah Talukdar, Statutory Deputy Mayor and Cabinet Member for Education, Youth and Lifelong Learning; Councillor Saeid Ahmed, Cabinet Member for Resources & Cost of Living; and Councillor Abu Chowdhury, Cabinet Member for Jobs, Skills & Growth are other notable entrepreneurs and investors from Tower Hamlets.
It is anticipated that Bangladesh will emerge as a hub for high-quality products in the near future by manufacturing export goods for the mentioned sectors. There is significant potential to establish a vast market for Bangladeshi recipes and products in the UK’s restaurant and hospitality sector, particularly through visionary and suitable business initiatives. As a result of the new partnership between UDDIPAN /UREL and UK political figures, lawmakers, and businesspeople, stakeholders express hope for substantial investments in Bangladesh and the creation of numerous employment opportunities.
The UK delegationn has expressed interest in contributing to the growth of Bangladesh’s IT sector, particularly in cybersecurity, and its RMG sector, with major apparel brands, including boutique labels. Strengthening business ties between the two countries, enhancing technology exchange, and fostering technical support partnerships will consistently increase demand for Bangladeshi products in markets worldwide, similar to those in the UK and Europe. Bangladesh is poised to become the next favored destination for prosperous economies seeking business and investment opportunities. However, post-Brexit, there is a chance to strengthen the UK’s relationship with Commonwealth nations.
Established in 1984, UDDIPAN has been actively engaged for the past 38 years in providing healthcare services at all levels of society, supplying clean water, facilitating sanitation facilities, introducing micro-credit, fostering skilled human resources, and promoting social justice. Operating under the motto “Stimulation of Entrepreneurship/ Uddokta Unnoyone UDDIPAN ” the organization presently operates 863 branches and boasts over 867,000 members.
